Main Capital and Other Allowances

Plant and machinery 100% annual investment allowance (first year)
– to 31/12/15 £500,000
– from 1/1/2016 £200,000
Enterprise zone plant and machinery (max €125m per investment project) 100%
Plant and machinery (annual reducing balance) 18%
Patent rights and know-how (annual reducing balance) 25%
Certain long-life assets, integral features of buildings (annual reducing balance) 8%
Energy and water-efficient equipment 100%
Electric vans 100%
Business premises renovation 100%
Motor cars
CO2 emissions of g/km: 75 or less* 76-130 131 or more
Capital allowance: 100%
first year
18%† 8%†
† Reducing balance.
Research and development
Capital expenditure 100%
Revenue expenditure:
– small/medium-sized companies 230%
– large companies 130%
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ICAEW The Chartered Institute of Taxation ACCA IPG IR