AIA tax announcement will deliver real savings for businesses, says Eversheds

Eversheds tax expert Ben Jones has commented on the taxation measures announced in the 2014 UK Budget.

Jones said: ‘The increase and extension of the AIA [annual investment allowance] was the chancellor’s headline business tax announcement, with the 100 per cent increase being a particular surprise.

‘This incentive has the widest application of the Budget’s business tax changes and will deliver real tax savings and investment incentive to UK business.’