Capital Allowances
| 2020 – 21 | 2019 – 20 | |
| Plant and Machinery – Main writing down allowance – Long life assets, integral fixtures – First year allowances (certain environmentally efficient products) | 18% 6% 100% | 18% 8% 100% |
| – R&D tax credits SME scheme – R&D expenditure credit – Structures and buildings allowance – Annual Investment Allowance (AIA) | 230% 13% 3% £1,000,000 | 230% 12% 2% £1,000,000 |
| The AIA has been temporarily increased to £1 million from 1 January 2019 to 31 December 2020. | ||
| Cars – CO2 emissions up to and including 50g/km* – CO2 emissions over 50g/km | 18% 6% | 18% 6% |
*A rate of 100% applies to cars with CO2 emissions cars.
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