Main Capital Allowances

Plant and Machinery:  Energy saving and envrionmentally benefical equipment, electric and low CO2 emission (up to 110g/km) cars, natural gas/hydrogen refuelling equipment

        first year allowance                                                         100%

 Annual investment allowance (AIA)- on first £50,000 of investment                                                                                100%*

(excludes cars and expenditure already qualifying

for 100% first year allowance)

 Writing down allowance (WDA) on expenditure not qualifying for AIA:

Long life assets, integral features of buildings                   10%*

Other plant and machinery                   20% (cars max £3,000)*

 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%

*transitional rules may apply