Capital Allowances
| 2023-24 | 2022-23 | |
| Plant and MachineryMain writing down allowanceLong life assets, integral fixturesFull expensing – 100% FYA First year allowances – super-deductionFirst year allowances – special rate | 18%6%100%–50% | 18%6%–130%50% |
| R&D tax credits SME schemeR&D expenditure creditStructures and buildings allowanceAnnual Investment Allowance (AIA) | 186%20%3% £1,000,000 | 230%13% 3% £1,000,000 |
| CarsNew and unused, CO2 emissions are 0g/km (or car is electric)Second hand electric carNew or second hand, CO2 emissions are 50g/km or lessNew or second hand, CO2 emissions are over 50g/km | 100%18%18%6% | 100%18%18%6% |
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