2016/17 Capital Allowances

Plant and Machinery

Investment for use in Enterprise Zones, energy saving and environmentally beneficial equipment, new zero-emission goods vehicles, low CO2 emissions (up to 75 g/km) cars, natural gas/hydrogen refuelling equipment.

First Year allowance (FYA) 100%.

Annual investment allowance (AIA) 100%*

On first £200,000 of investment. Excludes cars and expenditure already qualifying for 100% FYA.

Writing Down Allowance On expenditure not qualifying for AIA or FYA:

Long-life assets, integral features of buildings, cars over 130g/km 8%
Other plant and machinery 18%

Business premises renovation
maximum initial allowance 100%
* Transitional rules may apply.