Cars do not qualify for annual investment allowance, however you can claim annual investment allowance on lorries, vans and trucks.
The AIA amount has changed several times since April 2008.
| AIA |
Sole Trader / Partnerships |
Limited Companies |
| £1 million | From 1 January 2019 | From 1 January 2019 |
| £200,000 |
1 January 2016 - 31 December 2018 |
1 January 2016 - 31 December 2018 |
| £500,000 |
6 April 2014 - 31 December 2015 |
1 April 2014 - 31 December 2015 |
| £250,000 |
1 January 2013 - 5 April 2014 |
1 January 2013 - 31 March 2014 |
| £25,000 |
6 April 2012 - 31 December 2012 |
1 April 2012 - 31 December 2012 |
| £100,000 |
6 April 2010 - 5 April 2012 |
1 April 2010 - 31 March 2012 |
| £50,000 |
6 April 2008 - 5 April 2010 |
1 April 2008 - 31 March 2010 |
If the AIA changed in the period you’re claiming for, you need to adjust the amount you claim.
You get a new allowance for each accounting period.
If your accounting period is more or less than 12 months Adjust your AIA if your accounting period is more or less than 12 months.
For information about the current Annual Investment Allowance, please view our latest Tax Card:
