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100% allowances for Asset Finance

Some good news in the Chancellors autumn statement.  The 100% Annual Investment Allowance for the purchase of new plant and machinery presently stands at a maximum of £25,000.  This will be increased ten times to £250,000 with effect from 1st January 2013 for a 2 year period.  This is excellent news for business and in particular for the asset finance industry.  Please contact us for more information.