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07/08 Capital Allowances

Writing Down Allowance
Plant and Machinery*	25% (reducing balance)
Motor Cars**	25% (reducing balance) - Ł3,000 max
Industrial and Agricultural Buildings and Hotels	4% (straight line)
For small businesses: first year allowances (FYAs) of 50% . For medium-sized businesses: FYAs of 40%. For all businesses: 100% FYAs on expenditure on energy saving plant and machinery from 1.4.01. **100% FYAs on new cars with CO2 emissions not exceeding 120 gm/km or electrically propelled from 17.4.02.

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