Capital Allowances
Plant and Machinery:
Energy saving and environmentally beneficial equipment, electric and low CO2 emission (up to 110 g/km) cars, natural gas/hydrogen refuelling equipment: first year allowance 100%
Annual investment allowance (AIA) – on first £100,000 of investment 100% (£50,000 for expenditure incurred before 6 April 2010 or 1 April 2010 for comanies). (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, cars over 160g/km 10%
Other
plant and machinery 20%
Industrial and agricultural buildings and hotels (on building cost) 1%
Enterprise Zone allowance, conversion of parts of business premises into flats, business premises renovation: max initial allowance 100%
