Capital allowances
Plant and machinery
| Period of expenditure from | 1.4.2017 | 1.4.2016 |
|---|---|---|
| Annual Investment Allowance | £200,000 | £200,000 |
| Energy/water-efficient technologies | 100% | 100% |
| Writing down allowance – general pool | 18% | 18% |
| Writing down allowance – special rate pool | 8% | 8% |
Notes
- Neither capital expenditure nor depreciation is generally allowed as an expense.
- The writing down allowance spreads the cost over several years, and is not related to the accounting depreciation.
- Special rate pool includes long life assets, plant integral to buildings and thermal insulation.
Motor cars
| CO2 emissions of vehicle (g/km) | 1.4.2017 | 1.4.2016 |
|---|---|---|
| Up to 75 | 100% | 100% |
| Up to 130 (in general pool) | 18% pa | 18% pa |
| Above 130 (in special rate pool) | 8% pa | 8% pa |
Notes
- For the 100% allowance the car must be acquired new, notsecond hand.
- The 8% allowance applies to cars with emissions over 160g/km that were purchased before April 2013.
- Unincorporated businesses: the allowance is reduced for private use of the car.
