Understanding the Annual Investment Allowance

Investing in the growth and development of your business is essential, we all know this. Fortunately, the UK Government offers various incentives to encourage businesses to invest in vital assets like plant and machinery. One of these incentives is the Annual Investment Allowance (AIA), a tax relief scheme designed to support businesses.

What is the Annual Investment Allowance (AIA)?

Basically, the AIA allows businesses to deduct the full value of qualifying capital expenditure from their taxable profits in the year the expenditure is incurred. In essence, it’s a tax relief measure that rewards businesses for investing in assets that contribute to their growth and productivity.

We’re here to help you

We have a comprehensive list of frequently asked questions which will answer any questions you may have about capital allowance. If you would like to speak to one of our team please contact us using the WhatsApp button at the bottom of the screen.

View our faqs