Main Capital Allowances

PLANT AND MACHINERY ALLOWANCES
Year to 31.3.24Year to 31.3.23
Companies only
- First-year allowance (main pool)100%N/A
- Super-deduction )main pool)N/A130%
- First-year allowance (special rate pool)50%50%
Annual Investment Allowance (AIA)
- Expenditure of up to £1m100%100%
New electric vans100%100%
Writing down allowance: main pool18%18%
Writing down allowance: special rate pool6%6%
MOTOR CARS PURCHASED
From 1.4.21Allowance
CO2 (g/km)
New cars onlyNil100%
In general poolup to 5018%
In special rate poolabove 506%
STRUCTURES AND BUILDINGS ALLOWANCE
Fixed deduction per annum3%
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