Main Capital Allowances |
Motor Cars |
On reducing balance (max. £3,000 p.a. per car) |
25% |
Plant and machinery |
Small and medium size firms: |
Allowance for the first year |
40% |
Writing down allowance on reducing balance |
25% |
Large firms: |
Writing down allowance only on reducing balance |
25% |
Long Life Assets |
Allowance for first year |
6% |
Writing down allowance for subsequent years on reducing balance |
6% |
Energy Saving Technology |
All firms |
100% |
Electric and Low Emission Cars |
Registered on or after 17 April 2002 |
100% |
Buildings |
Industrial buildings and qualifying hotels |
4% of building cost p.a. |
Commercial/Industrial buildings in an enterprise zone |
100% of building cost |
Agricultural buildings |
4% of building cost p.a. |
Research and Development |
100% |
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