The Annual Investment Allowance

AIA is changing in April 2012, don't lose out

The Annual Investment Allowance (AIA) was set up by the government to allow a business to claim tax relief for capital purchases on commercial vehicles, plant and machinery.

The allowance of £50,000 was increased to £100,000 on purchases of commercial assets, but this allowance is changing.

In April 2012 this allowance will be cut to just £25,000

If you are considering purchasing a vehicle, this timing should be taken into consideration.

For example if you need to acquire a vehicle to comply with London's new LEZ requirements. The full AIA details are available from HMRC. Click here to find out more.

Remember April 2012 is not far off!