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Policy Paper Published 2 Nov 2016 HM Revenue & Customs ↗ View on GOV.UK

Capital allowances for business cars

This tax information and impact note extends the 100% First Year Allowance (FYA) for businesses purchasing low emission cars for a further 3 years to 31 March 2021.

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This measure is designed to support transition in the UK to cleaner zero and ultra-low emission vehicles which will help improve air quality in the UK’s towns and cities and protect the environment for the next generation.