Annual Investment Allowance (AIA)
HMRCUK-wideVaries
Who can apply
UK businesses buying qualifying plant and machinery (cars, pre-owned and gifted assets excluded); £1m limit per accounting period.
Key criteria
- UK trading business
What it funds
100% tax deduction on qualifying plant and machinery up to £1 million per accounting period — available to companies, sole traders and qualifying partnerships (unlike company-only full expensing).
Last checked against the official source: see database refresh schedule. Scheme parameters are set by the funder and can change — verify before applying, or let us do it for you.
Ask about eligibility
Plain-English answers about this scheme's published criteria — not application advice.
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