AIA transitional limit
The annual investment allowance (AIA) transitional limit will remain at £1 million until 31 March 2023, providing immediate relief for qualifying capital expenditure.
Talk to us about your capital expenditure plans to ensure that you don’t miss out on valuable reliefs.
Super-deduction
If you are a company and you incur capital expenditure in the period from 1 April 2021 to 31 March 2023, you may be able to benefit from a super-deduction of 130% of the expenditure where the expenditure would otherwise qualify for main rate capital allowances at the rate of 18%, or a 50% first year allowance where the expenditure would otherwise qualify for special rate capital allowances at the rate of 6%.
BFMS help ensure that you optimise your capital allowance claims.
