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 75g/km) cars, natural gas/hydrogen refuelling equipment.
First year allowance (FYA) 100%.
Annual investment Allowance (AIA) 100%*
– on first £200,000 of investment
Excludes cars and expenditure already qualifying for 100% FYA.
Writing Down Allowance on expenditure not qualifying for AIA or FYA:
Long-life assets, integral features of buildings, cars over 130g/km 8%
Other plant and machinery 18%
Business premises renovation:
Maximum initial allowance 100%
*the emissions figures are reduced to 50 and 110g / km respectively for expenditure on or after 1st April 2018