Autumn Statement 2023 – What’s New For Capital Allowances

The Autumn Budget 2023 promised significant changes in investment and financial landscapes, with it being the last one before a general election. So, our team has meticulously analyzed and decoded the details, particularly regarding the anticipated impact on capital allowances.

The Autumn Budget has brought forth few changes to the Capital Allowances regime that will greatly affect businesses but we wait to see if Investment Zones will be beneficial. Hopefully, the merged R&D scheme will make the scheme easier to operate and any further changes are minimal giving the updated R&D scheme time to embed.

Click here for our summary of the Autumn Statement for property owners.