Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.
12 July 2022
Be aware of upcoming changes to capital allowancesAs clients make decisions on their capital expenditure programmes over the coming months, changes to the super deduction and Annual Investment Allowance rules will have an impact on the tax relief available.
29 June 2021
Investment incentives - be aware of upcoming changes to AIASignificant changes to the Annual Investment Allowance (AIA) are anticipated to come into force in January 2022, which may influence your decision about the best time to invest in plant and machinery for your business.
07 April 2021
Budget 2021: FreeportsThe UK Government announced in its Budget on 3 March 2021 that eight new Freeports are to be created in England. Usually located around shipping ports or airports, Freeports, sometimes known as free trade zones, are designated areas where businesses can benefit from more generous tax reliefs, simplified customs procedures and wider Government support.
18 November 2020
Welcome extension of the £1 million Annual Investment Allowances limitThe Government has announced that the planned reduction of the Annual Investment Allowance (AIA) from the temporary rate of £1 million to £200,000 on 1 January 2021 has been postponed. The temporary rate of £1 million will now be extended until 31 December 2021.
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