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.