News
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.
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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