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Nettet29. mai 2024 · AIA - ANNUAL INVESTMENT ALLOWANCE - All of UK. The AIA allows UK businesses to deduct the full value of an item that qualifies for annual investment allowance (AIA) from your profits before tax. LED lighting is a qualified item. The AIA amount has temporarily increased to £1 million between 1 January 2024 and 31 March … Nettet4. sep. 2024 · For businesses and facilities considering a retrofit project to incorporate LED lighting, you’re looking at about a 60%-75% increase in efficiency. This could be quite substantial for business owners, as energy costs for businesses are usually greater compared to that of homeowners. 3. Stronger Lighting Capacity NettetThe global LED lighting market size was valued at USD 77.79 billion in 2024. The market is projected to grow from USD 85.02 billion in 2024 to USD 264.08 billion by 2029, exhibiting a CAGR of 17.6% during the forecast period. compound bow red dot