Main capital allowances
| Plant and machinery allowances | Rate | |
|---|---|---|
| Expenditure 1.4.21 - 31.3.23 (companies only) | ||
| – Super-deduction (main pool expenditure) | 130% | |
| – First-year allowance (special rate pool expenditure) | 50% | |
| Annual Investment Allowance (AIA) | ||
| – expenditure 1.1.19 - 31.12.21 | £1,000,000 | 100% |
| – expenditure from 1.1.22 | 200,000 | 100% |
| New electric vans | 100% | |
| Writing down allowance: general pool (reducing balance) | 18% | |
| Writing down allowance: special rate pool (reducing balance)* | 6% | |
| Motor cars purchased | |||
|---|---|---|---|
| From 1.4.21 CO2 (g/km) |
1.4.18 to 31.3.21 CO2 (g/km) |
Allowance | |
| New cars only | Nil | up to 50 | 100% |
| In general pool | up to 50 | up to 110 | 18% |
| In special rate pool | above 50 | above 110 | 6% |
| Structures and buildings allowance | |
|---|---|
| Fixed deduction per annum | 3% |