Capital Allowances 2018/19

Plant and machinery

Notes

1. Neither capital expenditure nor depreciation is generally allowed as an expense.
2. The writing down allowance spreads the cost over several years, and is not related to the accounting depreciation.
3. Special rate pool includes long life assets, plant integral to buildings and thermal insulation.

Motor cars

Notes

1. The 100% allowance is only available if the car is acquired new, not second-hand.
2. If purchased before April 2013, the 8% allowance only applies to cars with CO2 emissions over 160g/km.
3. Unincorporated businesses: the allowance is reduced for private use of the car.