Capital Allowances rates to change
With Effect from April 2012 the rate of writing down allowances for plant and machinery will be reduced from 20% to 18% for expenditure in the main rate pool and from 10% to 8% for expenditure in the special rate pool.
A reduction in the Annual Investment Allowance from £100,000 to £25,000 with effect from 1 April 2012 has also been announced.
