Capital Allowances
Plant and Machinery:
Energy saving and environmentally
beneficial equipment, electric and
low CO2 emission (up to
110 g/km) cars, natural gas/hydrogen
refuelling equipment: first year
allowance 100%
Annual investment allowance (AIA) –on
first £50,000 of investment not
already qualifying for 100% first year
allowance 100%
Writing down allowance (WDA) on expenditure
not qualifying for AIA:
Long-life assets, integral features of buildings 10%
Cars costing more than £12,000 25%
(max £3,000)
Other plant and machinery (including
cars up to a maximum cost of £12,000) 20%
Buildings:
Industrial and agricultural buildings
and hotels WDA (on building cost) 3%
Enterprise Zone allowance, conversion
of parts of business premises into
flats, business premises renovation: max
initial allowance 100% |
