If your company is
located in one of the 30 or so enterprise zones, there are significant
Government incentives to encourage investment.
100% first-year allowances for companies investing in new plant or machinery will be extended for a further 3 years to 31 March 2020.
The government has announced 18 new Enterprise Zones and extended 8 zones late last year.
HMRC have added maps to their
online guidance, showing sites within enterprise zones that offer 100%
first-year allowances for companies. This 100% allowance is in an addition to the normal £200,000
Annual Investment Allowance.
New maps for Tees
Valley, Wirral, Black Country, Wilton, and Southbank enterprise zones have been
added to the Gov.uk website.
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