Capital Allowances

 

 

2010/11

2009/10

 

%

%

Main Writing Down allowance

20

20

Special Rate Writing Down Allowance

10

10

Plant and machinery (new or second hand)

20

40

Industrial/agricultural buildings and works/qualifying hotels

1

2

Long life machinery and plant

10

10

Integral features in buildings

10

10

Patent rights and know how

25

25

Mines, oil wells and other mineral rights

25

25

Research & development

100

100

Energy saving and water efficient plant & machinery

100

100

Plant/machinery for gas refuelling station

100

100

Renovation of business premises (deprived areas only)

100

100

Cars

 

 

Pre-April 2009*

20

20

Electric Vans (New)

100

-

Cars C02 Emissions on or after April 2009

Cars purchased after 6 April 2009 the annual allowances are dependent on the CO2 emissions of the car:

 

 

cars with CO2 emissions up to 110 g/km

100

-

cars with CO2 emissions between 110 and 160 g/km

20

-

cars with CO2 emissions over 160 g/km

10

-

* Maximum £3,000 allowance per vehicle

From 1st April 2010 there is a 100% Annual Investment Allowance (AIA) on the first £100,000 (from 06/04/2010) capital expenditure on plant & machinery (per group of companies).


 

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