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Budget: Government’s commitment to Annual Investment Allowance a welcome boost for UK SMEs PDF Print E-mail
Thursday, 09 July 2015

Carl D’Ammassa, Managing Director of Asset Finance at Aldermore, said:

“The commitment to the Annual Investment Allowance at £200,000 per year is welcome news for small and medium-sized businesses across the UK. At Aldermore we are seeing growing confidence amongst our customers as they look to increase investment in their businesses and this is at least in part thanks to the increased allowance. It has made a big difference and it is great to see the government confirm that it will remain at the higher level permanently.
“There have been a number of changes to the allowance in recent years so the stability provided by the Chancellor’s announcement will give business owners confidence to make serious long-term investment plans. We now need to make sure that SMEs can access the finance they need to achieve their business ambitions and make the most of the new allowance limits.”

(Source - Aldermore Press Release)


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