From 1 January 2016 the annual investment allowance for capital expenditure is reducing from £500k to £200k. This could cost your business up to £49,200 in corporation tax if you don’t apply appropriate planning. With only three months of 2015 to plan you should give consideration to this issue at your earliest convenience.
EXPANSION AS 3 NEW DIRECTORS APPOINTED
Cheshire accountants appoint 3 new Directors to the Board