Capital Allowances
Plant and Machinery:
| Energy saving and environmentally beneficial equipment, zero and low CO2 emission (up to 110 g/km) cars, new and unused zero emission goods vehicles, natural gas/hydrogen refuelling equipment: first year allowance (FYA) |
100% |
| Annual investment allowance (AIA) – on first £100,000 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 160g/km |
10%* |
| Other plant and machinery |
20%* |
| Industrial and agricultural buildings and hotels (on building cost) |
1%* |
| Enterprise Zone allowance, conversion of parts of business premises into flats, business premises renovation: max initial allowance |
100% | |
* Transitional rules may apply