Capital allowances

Published: 03 Apr 2014

Updated: 20 Mar 2019

	2019-20	2018-19	Note
Plant and machinery
Annual investment allowance	100%	100%	A
Long life assets and integral features	6%	8%	B
Other assets	18%	18%	B
First year allowances	100%	100%	C
Cars: CO2 emissions (g/km)
50 or less	100%	100%
51 - 110	18%	18%	B
Over 110	6%	8%	B
Structures and buildings	2%	2%	D

A Maximum annual investment allowance £1m pa from 1 January 2019 to 31 December 2020 (£200,000 pa to 31 December 2018 and from 1 January 2021).
B Reducing balance
C Available for: research and development (no time limit); enterprise zone (assisted areas) until designated dates between 31 March 2020 and 16 March 2024; energy saving and environmentally beneficial (water efficient) technologies until 31 March 2020/5 April 2020; brand new low emission cars and gas refuelling stations until 31 March 2021; zero-emission goods vehicles until 31 March 2021/5 April 2021; and electric vehicle charge points until 31 March 2023/5 April 2023.
D Expenditure on non residential structures and buildings on construction contracts entered into on or after 29 October 2018.