Venues required by law to record contact details Recording Contact Details The Governments’ new requirements for businesses mean that premises…
The Chancellor announced a temporary increase in the Annual Investment Allowance (AIA) for expenditure on plant and machinery to £1 million from 1 January 2019. However transitional rules mean that the full amount will not necessarily apply to your business straight away.
For example, if your business year end is 30 June 2019 the maximum AIA would be £600,000 being 6/12 x the old £200,000 limit plus 6/12 x the new £1 million limit. The following year to 30 June 2020 would be entitled to the full £1 million.
If you would like assistance calculating the AIA you are entitled to please contact us on 01295 477 250 alternatively you can email firstname.lastname@example.org.