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Filtered By Category: Engineering & Manufacturing

Oct 16 2019

Helping our clients, James Penman Plant Hire, benefit from the increased AIA limit

Categories: Engineering & ManufacturingTaxation

As mentioned in our previous article, the Annual Investment Allowance (AIA) limit has been increased from £200,000 to £1million and is valid until 31 December 2020, however many businesses aren’t planning on taking advantage of this higher limit, partly, due to a lack of understanding and awareness. The AIA increase provides a great opportunity for businesses to more

Jul 9 2019

Why are engineering and manufacturing firms ‘missing out’ on the increased AIA?

Categories: Engineering & Manufacturing

The Autumn Budget announced the temporary increase in the Annual Investment Allowance (AIA) limit, from £200,000 to £1million. This increase will remain until 31 December 2020, meaning businesses will have a two-year window to take advantage of this higher limit. The increase to the AIA will allow engineering and manufacturing businesses to obtain 100% tax more

May 23 2019

Enterprise Management Incentives – A tool in the war for talent

Categories: Engineering & Manufacturing

With a highly competitive labour market, retaining a skilled workforce and rewarding long-term loyalty are key priorities for businesses in all sectors, but particularly the Engineering and Manufacturing sector. According to recent research, businesses in Scotland are struggling to recruit and retain workers with the right skill set. A popular method for many privately owned more