Friday 2nd March 2012
Annual Investment Allowance
- 2 March 2012
Make the most of your investment allowance!
With effect from 1 April 2012 the Government’s annual investment allowance will fall from £100,000 to just £25,000 per year.
The annual investment allowance is designed to encourage capital investment. The allowance for the current tax year is set at £100,000 meaning that as a business you can purchase assets up to this limit which are fully tax deductible.
This month however is your last opportunity to commit to investment in order to offset expenditure against this year’s higher allowance, so now is a crucial time to think about investing in the future of your business.
The annual investment allowance applies to all capital expenditure made on a business, so if you are considering upgrading your system, be it with a replacement for your ageing server or a conversion to our windows based system RoboVet, and you have not reached this year’s limit, there is every reason why you should consider making the commitment now.
The investment allowance also applies to our exciting new products such as Dragonfly which allows full integration of your digital image equipment and MyRota which takes the pain out of complicated staff rota management!
Remember there’s not long left to take advantage of this higher rate allowance so for more information on any of our products and how you can make the most of this year’s investment allowance, please contact our team on 0131 556 0555.
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