Threads / Capital Allowances: Full Expensing / Temporary increase in annual investment allowance for plant…
Policy Paper Published 3 Mar 2021 HM Revenue & Customs ↗ View on GOV.UK

Temporary increase in annual investment allowance for plant and machinery

This tax information and impact note is about the temporary increase in the annual investment allowance (AIA).

▤ Verbatim text from source document

This measure will temporarily increase the limit of the annual investment allowance from £200,000 to £1,000,000 for expenditure on plant and machinery incurred during the period from 1 January to 31 December 2021.