Research & Development. It’s what other companies do. Right? You might be surprised to learn that what you’ve been doing is actually classed as R&D.
Annual Investment Allowance temporary increase to £1 million
A temporary increase in the Annual Investment Allowance (AIA) to £1 million announced in the Autumn Budget 2018 is now in effect. The new allowance – five times the previous cap – will benefit businesses investing from £200,000 up to £1 million in new plant and machinery.