Increasing the Annual Investment Allowance from its current rate of £1m to £5m would more than double projected business investment growth, according to new analysis.
Raising the AIA to £5m indefinitely would set the UK on a significantly higher growth trajectory – image courtesy of Depositphotos. In its Autumn Budget, the government announced it would temporarily raise the Annual Investment Allowance (AIA) – a policy designed to encourage business investment in plant and machinery – from…
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