Annual Investment Allowance

The annual investment allowance (AIA) is a capital allowance that enables a business to write off the cost of most items of plant and machinery in full against profits in the year in which the expenditure is incurred.

The Annual Investment Allowance  is £200,000 and will increase to £1 million for all qualifying investments in plant and machinery made on or after 1 January 2019 until 31 December 2020.

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Information correct at: 1 November 2018