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Is it time for capital expenditure ?

Is it time for capital expenditure ?

If you are at the stage of considering incurring some capital expenditure, it is worth giving the timing some serious thought.

This is as the limit for annual investment allowance or AIA reduces from 1 January 2016 from £500,000 to £200,000.

AIA gives you 100% tax relief for capital expenditure including items such as fixture and fittings, computers, plant and machinery, plus items within your building such as lighting, heating and air conditioning.

For many businesses the change will fall part way through an accounting period making the timing of any future capital expenditure crucial.

Here is a summary table showing the impact per accounting periodIs it time for capital expenditure ?

If you have any questions or would like to discuss any further please contact Lesley Sutton on 01484 550 037 or email tax@revellward.co.uk.

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