Capital allowances reformed in ‘Budget for growth’
Posted on Monday, April 17th, 2023
A £27 billion transformation of capital allowances from April was announced by Chancellor Jeremy Hunt as he delivered a ‘Budget for growth‘. The Spring Budget followed an improved forecast from the Office for Budget Responsibility (OBR). The OBR said... Read Full Article...
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Capital allowances changes
Posted on Tuesday, November 6th, 2018
A number of changes to capital allowances were announced at the Budget, including an increase in the Annual Investment Allowance (AIA), for two years to £1 million, in relation to qualifying expenditure incurred from 1 January 2019.... Read Full Article...