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The rate of capital allowances is expected to reduce from April 2012, and more importantly the Annual Investment Allowance is due to reduce from £100,000 to £25,000.
Tip: Consider timing of capital expenditure to maximise tax relief
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The criteria for qualifying for EIS status will be relaxed from April 2012.
Tip: Consider whether you will qualify from April 2012 and explore EIS as an alternative form of fund raising for the business
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Capital allowances on second hand buildings will be restricted from April 2012
Tip: There is now a limited window of opportunity – ensure that you have claimed everything you can before April 2012