Great news for limited company owners investing profits in furnished holiday lets. The long-anticipated fall in the AIA for qualifying capital expenditure for businesses is no longer taking place, the AIA remains set at £1 million.

You can now deduct the full value of any qualifying capital expenditure using up to £1 million in profits in the year the purchase is made. Making invested profits in furnished holiday lets both a smart and lucrative way for limited company owners to reduce the tax burden on their business.