I have a client whose next year end is 29/02/2013. They were recently looking at buying a new bit of machinery for circa £150k. I was thinking of advising them of waiting until 01/01/2013 so as to benefit from the change. However am I correct in thinking that the increase will be pro rata for the CT period such that the £250k will become £41,1667 (£250 * 2/12) and therefore not a great deal of difference from the current 25K AIA?
10th Dec 2012 11:53