Main Capital and Other Allowances
| Plant & machinery (P&M): first year | – medium sized firms – small firms |
40% 50% |
|
| P&M, Patent Rights, Know-How | 25% pa reducing balance | ||
| P&M Certain long life assets | 6% pa reducing balance | ||
| P&M Energy & water-efficient assets | 100% | ||
| Qualifying flat conversions | 100% | ||
Motor cars: generally
|
25% pa reducing balance max. £3,000 100% |
||
| Industrial and agricultural buildings, hotels, docks, dredging etc. | 4% straight line | ||
| R&D: | capital expenditure | 100% | |
| revenue expenditure | – small/mid-sized firms – large firms |
150% 125% |
|
© Copyright 21 March 2007, subject to Finance Act 2007. For information only. Always seek professional advice before acting.