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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

 8%

   • Other plant and machinery

  18%

Conversion of parts of business premises into flats, business premises renovation: max initial allowance

  100%

* Transitional rules may apply