Main capital allowances


Allowance %
Plant and machinery from 1.4.08 *  
- annual investment allowance £50,000 100
- certain energy efficient plant, including low emission cars 100
- writing down allowance: general 20
- writing down allowance: long life assets 10
- WDA: features integral to a building 10
- cars in general (max £3,000pa) 20
Industrial buildings writing down allowance + 3
 
* rates change 6.4.08 for income tax traders
+ being phased out: 4% in 2007/08; 2% in 2009/2010; 1% in 2010/2011; nil thereafter