The UK has published the Finance Act 2024, which received royal assent (was enacted) on 22 February 2024. The Act provides for the implementation of the measures announced as part of the Autumn Statement 2023. Some of the main measures are summarized as follows: Permanent Full Expensing for Plant and Machinery The full expensing previously introduced for three years is made permanent, so that investments made by companies in qualifying plant and machinery, after 1 April 2026, will continue to qualify for a 100% first-year allowance for main rate assets, and a 50% first-year allowance for special rate (including long...