Author
![road, highway, car-6654573.jpg](https://bawilliamssolicitors.com/wp-content/uploads/2021/10/road-highway-car-6654573-1024x684.jpg)
Annual Investment Allowance
Published 28 September 2021
The Finance Act 2021
‘In its ordinary sense it (that is, plant) includes whatever apparatus is used by a businessman for carrying on his business – not his stock-in-trade which he buys or makes for sale; but all goods and chattels, fixed or movable, live or dead, which he keeps for permanent employment in the business.’
What this means for your business
![](https://bawilliamssolicitors.com/wp-content/uploads/2021/09/AIA-1.png)
What we can do for you
[1] S.32 Finance Act 2019.
[2] S.15 Finance Act 2021.
[3] Practical Law, Capital Allowance. Available at: https://uk.practicallaw.thomsonreuters.com/4-107-5846?transitionType=Default&contextData=(sc.Default)&firstPage=true [Accessed August 30, 2021].
[4] SS.51A to 51N Capital Allowance Act 2001.
[5] Cambridge Dictionary, Capital Asset. Available at: https://dictionary.cambridge.org/dictionary/english/capital-asset [Accessed August 30, 2021].
[6] (1887) 19 QBD 647.
[7] What You Can Claim On. Available at: https://www.gov.uk/capital-allowances/what-you-can-claim-on [Accessed August 30, 2021].
[8] Annual Investment Allowances. Available at: https://www.gov.uk/capital-allowances/annual-investment-allowance [Accessed August 30, 2021].