S R Lynn & Co·Blog

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Group companies - juggling the AIA

Two of the companies in your corporate group have spent large sums on pre-owned equipment. You need to work out if the expenditure exceeds the annual investment allowance (AIA). As each group company has a different financial year, how’s it done?

Leasing goods to a connected business

Your business owns assets that are leased to a connected business and you charge a monthly fee plus VAT. Is there a risk that HMRC could take action by issuing a so-called “Schedule 6 notice”?

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