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