Finance Act 2010 Explanatory Notes

Summary

1.Section 5 provides legislation to increase the amount of the entitlement to annual investment allowance (AIA) from £50,000 to £100,000. The legislation is effective for expenditure incurred on or after 1 April 2010 for persons within the charge to corporation tax (CT) and on or after 6 April 2010 for persons within the charge to income tax.

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