Capital Allowances

Capital Allowances

Plant and Machinery

Investment for use in Enterprise Zones, energy saving and environmentally beneficial equipment, new zero-emission goods vehicles, low CO2 emission (up to 75g/km) cars, natural gas/hydrogen refuelling equipment.

First year allowance (FYA)

100%

Annual Investment Allowance (AIA)
– on first £200,000 of investment

100%

Excludes cars and expenditure already qualifying for 100% FYA

Writing Down Allowance on expenditure not qualifying for AIA or FYA:
           Long-life assets, integral features of buildings , cars over 130g/km

 

8%*

Other plant and machinery

18%*

Business premises renovation

max initial allowance

 

100%

*Transitional rules may apply.