The Government has announced that the Annual Investment Allowance (AIA), designed to help businesses offset new equipment purchases against tax, is being dramatically reduced in April 2012 – from £100,000 per annum to just £25,000.
If you are considering investing in new capital equipment within the next few months, it is clearly the right time to review your purchasing/ lease purchase options. Acting now could mean you can still benefit from up to an additional £75,000 in allowances.
There’s still time to beat the tax deadline and should you wish to take advantage of the benefits of lease purchasing, WestWon is ready to help clients secure the finance they need to move fast. Simply call Kevin on 01494 689 535 or email kevin.stocker@westwon.co.uk to discuss your business needs.