Inspira UK is a professional services consultancy focusing on bookkeeping and management accounting for growing businesses...with 95% client retention rate and over 65 years of experience.

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December 10, 2012

Chancellor reveals surprise boost for SMEs

The Treasury announced a tenfold increase in AIA (Annual Investment Allowance).  Instead of £25,000, investments of up to £250,000 will be eligible for 100% tax relief, if spent on plant and machinery.  Visit HM Treasury for the full Statement.

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December 5, 2012

The Chancellors statement today highlighted something very interesting if you are in the Creative Sector

The Government is to proceed with special corporation tax reliefs for companies involved in the production of animated films, high-end television programmes and video games. The new reliefs will apply from 1 April 2013 (subject to State aid approval) and will allow an additional deduction of 100% of certain specified expenditure. As an alternative the […]

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