Annual Investment Allowance

Annual Investment Allowance increase

Temporary increase in the annual investment allowance The annual investment allowance (AIA) provides a 100% allowance on qualifying expenditure, subject to an annual limit. Budget 2018 announced a temporary two-year increase in this limit from £200,000 to £1,000,000 from 1 January 2019. As with previous changes to the limit, transitional rules will apply to businesses … Read moreAnnual Investment Allowance

Charity Taxes

Charity Taxes explained

The Government has announced it will introduce a package of measures from April 2019 designed to reduce administrative burdens on charities. These will include: increasing the upper limit for trading that charities can carry out without incurring a tax liability from £5,000 to £8,000 where turnover is under £20,000, and from £50,000 to £80,000 where … Read moreCharity Taxes

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Limited company Formation

From AJR & Co Ltd