• Sign up to our Newsletter newsletter

    Simply enter your name and email below to receive our monthly updated newsletter directly into your email inbox

    Follow us now on

    • Share on LinkedIn
    • Email this page to a friend

  • Advice and support for your business size

    Click on a segment to tell us your business size

    We aim to work closely with our clients so we can really get to know them and their business. We provide informed commercial judgment and advice about how to reduce your tax liabilities.


Capital Allowances

1 or 6 April 2014 to 31 December 2015 From 1 January 2016
From:
Main rate pool: writing down allowance
18% 18%
Special rate pool (long life assets, integral features): writing down allowance 8% 8%
Annual Investment Allowance (AIA) cap: £500,000 £200,000

Expenditure within the AIA qualifies for 100% allowance in the year of purchase. The AIA cap is currently £200,000 from the 1st January 2016 for a 12-month period. If the accounting period is shorter or longer than 12-months the AIA cap is apportioned based on the length of the period.

The AIA allowance allows businesses to invest in equipment and fixtures (cars and buildings don't qualify), with 100% tax relief in the year of purchase.