Cranes qualify for Annual Investment Allowance (AIA), letting you deduct the full purchase cost from taxable profits in year one — up to £1,000,000. For purchases above the AIA limit, writing-down allowances apply at 18% per annum. Lease payments are fully deductible from profits.
UK Crane Market
The UK crane hire market is worth £1.4bn annually. Over 4,500 mobile cranes are registered in the UK. The market is expected to grow 5% year-on-year, driven by HS2, nuclear new build, and wind farm construction.
Frequently Asked Questions
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