2017/18 Capital Allowances

Plant and Machinery

Investment for use in Enterprise Zones, energy saving and environmentally beneficial equipment, new low CO2 emission (up to 75g/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%

* The emissions figures are reduced to 50 and 110g/km respectively for expenditure incurred on or after 1st April 2018.