Capital Allowances
Plant and Machinery:
| Energy saving and environmentally beneficial equipment, zero and low CO2 emission (up to 110 g/km) cars, new zero emission vans, 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% |
| Enterprise Zone allowance, conversion of parts of business premises into flats, business premises renovation: max initial allowance | 100% |
* Transitional rules may apply