Capital Allowances
Plant and Machinery:
| Investment for use in Enterprise Zones, energy saving and environmentally beneficial equipment, new zero-emission goods vehicles, low CO2 emission (up to 75g/km) cars, natural gas/hydrogen refuelling equipment: First year allowance. |
100%
|
Annual investment allowance (AIA) - on the first £200,000 of investment
(excludes cars and other expenditure already qualifying for 100% FYA) |
100%*
|
| Writing down allowance on expenditure not qualifying for AIA or FYA: |
|
| Long-life assets, integral features of buildings, cars over 130g/km |
8%
|
| Other plant and machinery |
18%
|
| Business premises renovation: max initial allowance |
100% |
* Transitional rules may apply
|
