There are significant tax advantages to be obtained through the utilisation of the £500,000 Annual Investment Allowance. This temporary uplift ceases on 31 December 2015 at which point it will revert to £25,000. There are significant planning opportunities in utilising this allwances and also a number of pitfalls with respect to the timing of the expenditure. Specific planning will surround the company year end, expected profits, current capital expenditure and cash flow. Now is the time to ensure your business is being appropriately advised as the window is closing.