Summer Budget 2015: Property Tax Updates & Impact for Capital Allowances

SUMMER BUDGET 2015

The Summer Budget on 8 July 2015 announced a number of capital allowances and property tax changes;

Annual Investment Allowance

The government will increase the permanent level of the AIA from £25,000 to £200,000 for all qualifying investment in plant and machinery made on or after 1 January 2016.

Enterprise Zones

There will be a bidding […]