Plant and Machinery: Energy saving and environmentally beneficial 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 per car)*
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
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No responsibility is token for action taken or refrained from in consequence of the contents of this website.
