We have been eagerly awaiting the announcement of the ANNUAL INVESTMENT ALLOWANCE (AIA) and the new level has now been set at £200,000.00 from 1st January 2016.
The current level is £500,000.00. There are transitional rules for anyone claiming AIA in a year that straddles these rates and anyone looking at investing in capital assets should take some advice to ensure the timing of the purchase is advantageous with regards the AIA claimable.
