Increase in AIA to £250k

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?

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AIA

Brightster |

I agree

BananaMan |
BananaMan's picture

Brightster

BKD |
BKD's picture

AIA

Brightster |

Thanks, Brightster

BKD |
BKD's picture

And a slight correction required?

BKD |
BKD's picture

Brightster, are you right on pre 01/01/13 element?

kevinringer |
kevinringer's picture

Absurd

BKD |
BKD's picture

post 1/4/12

mhtax |

No George - just change it in April instead

GaryMc |
GaryMc's picture

Agree with Kevin

raychidell |