More contortions for annual investment allowance

Multiple-choice questions: In order to be awarded CPD units you must answer the following five random questions correctly. If you fail the test, please re-read the article before attempting the questions again

  1. Why did the Chancellor change the annual investment allowance until 2020?

  2. What activity indicated that a stimulus was required?

  3. What is the current limit on the annual investment allowance?

  4. How much did the limit increase by in 2018?

  5. Why has it been dubbed the yo-yo allowance?

  6. Why might some businesses miss out on the benefit of the much larger limit?

  7. Who does the ATT think the complicated transition arrangements should apply to?

  8. What will businesses have to consider because there is not an opt-out measure?

  9. Why would businesses be wise not to bank on the increased allowance becoming a permanent fixture?

  10. How many times has the investment limit changed since 2010?