Policy paper

Capital allowances: full expensing

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.

Documents

Details

This measure introduces full expensing for companies investing in plant and machinery from 1 April 2023 until 31 March 2026. The tax information and impact note contains details explaining the change and the impacts it has on those affected.

Published 15 March 2023