HM Revenue & Customs is extending and reforming capital allowances, particularly first-year allowances (FYA) for zero-emission vehicles and charging infrastructure, alongside broader changes to writing-down allowances for business investment. These measures aim to incentivise green investment and capital expenditure while simplifying the tax treatment of qualifying assets.
In response to: New first-year allowance and main rate of writing-down allowances
In response to: First-year allowances for zero-emission cars and electric vehicle chargepoints
This tax information and impact note is about technical amendments to Corporate Interest Restriction (CIR) to ensure that the regime works as intended.
This tax information and impact note outlines the extension to the first-year allowances for zero-emission cars and for electric vehicle chargepoints.
This tax information and impact note details the new first year allowance and reduction of the main rate of writing down allowances.
In response to: Capital Allowances: extension of first-year allowances for zero-emission cars and electri…
This tax information and impact note sets out an extension to the availability of the 100% first-year allowances for zero-emission cars and electric vehicle charge-points.
In response to: Capital allowances — permanent full expensing
In response to: Increasing the capital allowance limits for leasing into tonnage tax
This measure is about increasing the limits on capital allowances that lessors of ships can claim on the cost of providing ships for use by ship operators in the tonnage tax regime.
This tax information and impact note outlines permanent full expensing for companies investing in plant and machinery.
We welcome views on the draft tax regulations to specify which assets are to be treated as structural assets of an insurance company’s long-term business.
We welcome views on the draft tax regulations to specify which assets are to be treated as structural assets of an insurance company’s long-term business.
In response to: Capital allowances: full expensing
In response to: First-year allowance extension for electric vehicle charge-points
In response to: Legislating the Annual Investment Allowance at £1m
This tax information and impact note details the extension to the 100% first-year allowance for qualifying expenditure on electric vehicle charge-point equipment
This tax information and impact note outlines the permanent increase in the limit of the annual investment allowance
This tax information and impact note outlines the introduction of full expensing for companies investing in plant and machinery from 1 April 2023 until 31 March 2026.
In response to: Annual Investment Allowance extension
This tax information and impact note outlines the extension to the temporary increase of the limit of the annual investment allowance (AIA).
In response to: Enhanced capital allowance for plant and machinery in Freeports
In response to: Temporary increase in annual investment allowance for plant and machinery
This tax information and impact note is about an enhanced rate of Structures and Buildings allowance in Freeports.
This tax information and impact note is about enhanced capital allowances for plant and machinery in Freeports.
This tax information and impact note is about the temporary increase in the annual investment allowance (AIA).
This measure introduces a temporary 130% super-deduction for main rate assets, and a temporary 50% first-year allowance for special rate assets.
In response to: Extension of First Year Allowance for cars, Zero Emission Goods Vehicles and Gas Refuelli…
In response to: Capital allowance carbon dioxide emissions thresholds for business cars, goods vehicles a…
In response to: Enhanced capital allowances in Enterprise zones
In response to: Increase in Structures and Buildings allowance for capital allowances
This Tax Information and Impact Note is about the Corporation Tax treatment of intangible fixed assets from 1 July 2020.
This measure introduces the new rate of Structures and Buildings Allowance for capital allowances from April 2020, some technical changes take effect from 11 March 2020.
This tax information and impact note is about enhanced first year capital allowances.
This Tax Information and Impact Note is about an extension to the period that 100% first year capital allowances are available for business cars and first year allowances for business cars, zero-emission goods vehicles and equipment for gas refuelling stations.
In response to: Temporary increase in Annual Investment Allowance
In response to: Enhanced Capital Allowances
In response to: Capital Allowance: Electric Charge Points
In response to: Capital Allowances: Structures and Buildings Allowance
This is HM Revenue and Customs' initial equality impact assessment.
This is HM Revenue and Customs' initial equality impact assessment.
This is HM Revenue and Customs' initial equality impact assessment.
This is HM Revenue and Customs' initial equality impact assessment.
We invite views on this draft secondary legislation, following announcement of the Structures and Buildings Allowance at Budget 2018. The government announced this measure to support business investment in new non-residential structures and buildings, and to enhance tax relief for …
This measure introduces corporate capital loss restriction rules for chargeable gains accruing on or after 1 April 2020 for companies chargeable to Corporation Tax.
This document consults on all aspects of Corporate Capital Loss Restriction.
This Tax Information and Impact Note is about a new tax relief, the Structures and Buildings Allowance, for businesses incurring qualifying expenditure on new structures and buildings on or after 29 October 2018.
We invite views on this draft secondary legislation, following announcement of the Structures and Buildings Allowance at Budget 2018. The government announced this measure to support business investment in new non-residential structures and buildings, and to enhance tax relief for …
We invite views on this draft secondary legislation, following announcement of the Structures and Buildings Allowance at Budget 2018. The government announced this measure to support business investment in new non-residential structures and buildings, and to enhance tax relief for …
This document consults on all aspects of Corporate Capital Loss Restriction.
HMRC and HM Treasury are inviting views on the corporate intangibles regime and reforms to support its administration, cost-effectiveness and international competitiveness.
This document consults on all aspects of Corporate Capital Loss Restriction.
This tax information and impact note details the rate of writing down allowance on the special rate pool of plant and machinery.
This tax information and impact note illustrates the intention on capital allowances relating to the cost of land alterations.
This tax information and impact note details the extention to the current 100% first-year allowance for expenditure on electric charge-point equipment.
This Tax Information and Impact Note explains changes to the Energy Technology and Water Technology Lists for 2019 to 2020.
This tax information and impact note explains changes to the Annual Investment Allowance.
This tax information and impact note explains the introduction of a new non-residential structures and buildings allowance.
This measure introduces legislation to exempt employees workplace charging of all-electric and plug-in hybrid vehicles from Income Tax and National Insurance contributions.
Consultation on the legislative changes required to ensure leasing rules continue to work as originally intended for the new lease accounting standard IFRS16.
HMRC and HM Treasury are inviting views on the corporate intangibles regime and reforms to support its administration, cost-effectiveness and international competitiveness.
Consultation on the legislative changes required to ensure leasing rules continue to work as originally intended for the new lease accounting standard IFRS16.
HMRC and HM Treasury are inviting views on the corporate intangibles regime and reforms to support its administration, cost-effectiveness and international competitiveness.
Consultation on the legislative changes required to ensure leasing rules continue to work as originally intended for the new lease accounting standard IFRS16.
This tax information and impact note deals with updates to the lists of technologies and products covered by the energy-saving first year allowances scheme announced at Autumn Budget 2017.
This tax information and impact note deals with the extension to first year tax credits for energy efficient plant and machinery announced at Autumn Budget 2017.
This tax information and impact note deals with the extension to the 100% First Year Allowance for businesses purchasing zero-emission goods vehicles or gas refuelling equipment announced at Autumn Budget 2017.
This tax information and impact note updates the lists of technologies and products covered by the energy-saving and water efficient enhanced capital allowances (ECA) schemes.
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.
An invitation to discuss options for changes to the tax treatment of the leasing of plant or machinery.
An invitation to discuss options for changes to the tax treatment of the leasing of plant or machinery.
An invitation to discuss options for changes to the tax treatment of the leasing of plant or machinery.
This tax information and impact note applies to businesses and landlords currently using renewals allowance to obtain tax relief for expenditure on replacement and alteration of tools.
This tax information and impact note applies to oil and gas companies that operate in the UK or on the UK Continental Shelf (UKCS).
This tax information and impact note applies to companies investing in plant or machinery in designated enhanced capital allowance (ECA) sites in Enterprise Zones.
This technical consultation seeks comment on draft legislation to exclude certain companies from the Employment Allowance from April 2016.
This Tax Information and Impact Note explains changes to the Investment Allowance and Cluster Area Allowance for oil and gas companies.
This draft legislation explains changes to the Investment and Cluster Area allowances for oil and gas companies.
This technical consultation seeks comment on draft legislation to exclude certain companies from the Employment Allowance from April 2016.
This technical consultation seeks comment on draft legislation to exclude certain companies from the Employment Allowance from April 2016.
This legislation applies to appropriate transactions made by businesses that take place on or after 25 November 2015.
This Tax Information and Impact Note applies to businesses investing in energy saving and environmentally beneficial (water efficient) technologies.
This tax information and impact note applies to businesses investing more than £25,000 in plant and machinery from January 2016.
This Tax Information and Impact Note introduces a new investment allowance to reduce the amount of adjusted ring fence profits subject to the supplementary charge.
This Tax Information and Impact Note is about amendments to part 2 of the Capital Allowances Act 2001.