Budget 2014 – Investment

A big tax break: the Annual Investment Allowance for small businesses will double. The chancellor announced measures to help all businesses to invest by increasing the Annual Investment Allowance to £500k from £250k and extending the scheme to the end of 2015.
Business rate discounts & capital allowances will be extended in enterprise zones for another 3 years.
Grants for small businesses to support 100,000 more apprenticeships.


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