March 19th, 2014 / Insight posted in MKS Comments

Budget 2014: SMEs – Annual Investment Allowance

The Annual Investment Allowance is to be extended to the end of 2015, and is to be doubled to £500,000. 

“For SMEs this is excellent news,” says Graham Morgan, tax partner at Kingston Smith. “This means they will now get 100 per cent tax relief for the whole of their capital spend.”