Capital Allowances

 

2019 - 20

2018 - 19

Plant and Machinery

-       Main writing down allowance

-       Long life assets, integral fixtures

-       First year allowances (certain environmentally efficient products)

18%

6%

100%

18%

8%

100%

 -      R&D tax credits SME scheme

-       R&D expenditure credit

-         Structures and buildings allowance (from 29.10.18)

  

-       Annual Investment Allowance (AIA)

 

230%

12%

2%

 

 £1,000,000

230%

12%

 

 

£1,000,000

*The AIA has been increased to £1 million from 1 January 2019 to 31 December 2020. 

Cars

-       CO2 emissions up to and including 110g/km*

-       CO2 emissions over 110g/km

 

18%

6%

 

 

18%

8%

 

 

 *A rate of 100% applies to cars with CO2 emissions of 50g/km or less.

 

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