Main Capital Allowances

Plant and Machinery:  Energy saving and envrionmentally benefical equipment, electric and low CO2 emission (up to 110g/km) cars, natural gas/hydrogen refuelling equipment

       first year  allowance    (FYA)                                           100%

 Annual investment allowance (AIA)- on first £50,000 of investment                                                                                100%*

(excludes cars and expenditure already qualifying

for 100% first year allowance)

Temporary FYA on certain qualifying expenditure exceeding

AIA                                                                                                40%*

incurred in the 12 months from 6 April 2009 (1 April 2009

for companies).

 Writing Down Allowance (WDA) on expenditure not qualifying for AIA or FYA:

Long life assets, integral features of buildings,cars over 160g/km                                                                                     10%*

Other plant and machinery                                                     20%*

 Industrial and agricultural buildings and hotels

(on building cost)                                                                        2%*

 Enterprise Zone allowance, conversion of parts of

business premises into flats, business premises

renovation                                          max initial allowance 100%

*transitional rules may apply