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Annual Investment Allowances (AIA) increase from £250k to £500k in Chancellor George Osborne’s 2014 Budget.
Anyone buying or financing capital equipment, machinery or commercial vehicles should ensure they time their purchase carefully to make the most of this fantastic scheme that can save companies a substantial amount of tax. Annual Investment Allowances could be a great way to invest in the latest equipment within your sector to get ahead of the competition.
As it stands these allowances reduce back to £25,000 in December 2015 so consideration is needed now.
If funding is standing in your way, we can help. Our facilities are quick to arrange, flexible and competitive. Get the assets you need now and take advantage of these generous government tax incentives.
Please review this article in The Construction Magazine that details further information.
Want to learn more about how annual investment allowances can support business growth? Speak to one of our experts today on 0161 633 2548. Keep up to date with us on LinkedIn!
Who are PMD?
PMD are the UK’s largest independent commercial finance broker, with access to over 150 lenders. We house a team of dedicated finance experts with a wealth of experience across a plethora of funding products. This includes asset finance, asset refinance, invoice finance, commercial property, business loans, merchant cash advance and structured finance.