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 110g/km) cars, natural gas/hydrogen refuelling equipment: First year allowance.


Annual investment allowance (AIA) – on first £25,000 of investment (excludes cars and other expenditure already qualifying for 100% FYA) 100%*
Writing down allowance on expenditure not qualifying for AIA or FYA:  
    Long-life assets, integral features of buildings, cars over 160g/km 8%
    Other plant and machinery 18%
Conversion of parts of business premises into flats, business premises renovation: max initial allowance 100%  

* Transitional rules may apply