If you are considering purchasing a capital item in the near future and your year end is 5 April, do consider purchasing it before 5 April to obtain allowances against your 2010/11 profit.
Currently business can invest up to £100,000 in most plant and machinery and obtain 100% relief in the first year in Annual Investment Allowances (AIAs). From April 2012 the maximum allowance available will be reduced from £100,000 to £25,000 a year.
