Capital Allowances
Plant and machinery and other capital expenditure Annual Investment Allowance
| Annual Investment Allowance: | |
| from 01/01/2019 to 31/12/2021 | £1,000,000 |
| from 01/01/2021 | £200,000 |
| Enterprise zone plant & machinery | 100% |
| Plant and machinery (reducing balance) pa | 18% |
| Patent rights and know-how (reducing balance) pa | 25% |
| Certain long-life assets, integral features of buildings (reducing balance) pa | 6% [1] |
| Electric vans | 100% |
| Structures and buildings (SBA)[2] | 100% |
| Structures and buildings (SBA)[2] | 100% |
| Research and development (RDA)[3] | 100% |
Motor Cars
| Corporation Tax – Expenditure on or after 01/04/2019 Income Tax – Expenditure on or after 06/04/2019 | |||
| CO2 emissions of g/km: | <50 or electrically propelled | 51 – 110 | >111 |
| Capital Allowance | 100% first year | 18% reducing balance pa | 6% reducing balance pa |
[1] 8% until 19th April, 6% from 1st April 2019 for companies and 6th April 2019 for individuals
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