wpf415fe19.jpg

Capital Allowances

Plant and Machinery:

Investment for use in Enterprise Zones, energy saving and environmentally beneficial equipment, new zero-emission goods vehicles, new low CO2 emission (up to 75g/km) cars, natural gas/hydrogen refuelling equipment: First year allowance.

 

 

100%  

Annual investment allowance (AIA)

- on the first £500,000 of investment (£200,000 from 1 January 2016)

(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