Capital allowances (rates effective from April 2011)
| First year and initial allowances |
%
|
| Research and development |
100 |
| Enterprise zone buildings |
100 |
| Energy-saving technologies including cars |
100 |
| Water efficient technology |
100 |
| Business premises renovation |
100 |
| Renovation/conversion of flats over shops |
100 |
| Plant and machinery |
|
| - Annual investment allowance |
100 – max £100,000* |
| |
|
| Writing down allowances |
|
| Plant and machinery |
|
| - long life assets and integral fixtures |
10** - reducing balance |
| - other plant & machinery |
20** - reducing balance |
| Cars *** - CO2<110g/km (incl. electric cars) |
100 |
| - CO2 110-160g/km |
20 - reducing balance |
| - CO2>160g/km |
10 - reducing balance |
| Intangible assets |
|
| - companies (all intangibles) |
4 - straight line (min) |
| - other (patent rights and know how) |
25 - reducing balance |
| Industrial buildings, hotels, agricultural buildings |
0 - from April 2011 |
* Reduces to £25,000 from April 2012
** For pools less than £1,001: any amount up to pool balance. 8%/18% from April 2012
*** Different rules apply to cars bought pre-April 2009
To find out how Chapman Robinson & Moore can help your business either call 01865 379272, or click here to arrange a free Confidential Business Analysis.