Main Capital Allowances
Plant and Machinery:
Energy saving and environmentally beneficial equipment, electric and low CO2 emission (up to 110 g/km) cars, natural gas/hydrogen refuelling equipment: first year allowance 100%
Annual investment allowance (AIA) – on first £50,000 of investment not already qualifying for 100% first year allowance 100%
Writing down allowance (WDA) on expenditure not qualifying for AIA:
Long-life assets, integral features of buildings 10%
Cars costing more than £12,000 25% (max £3,000)
Other plant and machinery (including cars up to a maximum cost of £12,000) 20%
Buildings:
Industrial and agricultural buildings and hotels WDA (on building cost) 3%
Enterprise Zone allowance, conversion of parts of business premises into flats, business premises renovation: max initial allowance 100%
