The annual investment allowance

The AIA gives a 100% first year allowance for investment in plant and machinery (excluding cars). It is intended to encourage greater levels of investment by reducing the costs of capital.CAA 2001, s 38A

The maximum amount of relief available is based on an annual expenditure limit. The amount of this limit has fluctuated in recent years as shown in the following table:

Access this article and thousands of others like it free
for 7 days with a trial of TolleyGuidance.

ACCESS THE FULL ARTICLE

Already a subscriber? Login

Request a Free Trial to TolleyGuidance to gain access to the full article

Access this article and thousands of others like it free for 7 days. Written exclusively by tax professionals for tax professionals, TolleyGuidance combines tax technical commentary with practical guidance to support you day-to-day.

* denotes a required field