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There is currently no news available. |
Main Capital Allowances
| Allowance % | | Plant and machinery | | | - annual investment allowance: £100,000* | 100 | | - certain energy efficient plant, including low emission cars | 100 | | - writing down allowance: general pool | 20 | | - writing down allowance: special rate pool | 10 | | *will fall to £25,000 on 1.4.12 (companies) or 6.4.12
(income tax traders); WDA fall to 18%/8% at same date. |
| | The special rate pool includes long life assets, integral plant in buildings, thermal insulation and cars with CO2 emissions over 160g/km. The general pool contains other plant and machinery. |
| | The old system of cheap/expensive cars has been abolished, but transitional rules cover existing expenditure before April 2009. |
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