Updates: Capital Allowances Manual

2024

19 February 2024 published amendments

Plant and Machinery Allowances (PMA): cars: double cab pick-ups

The 13 February 2024 guidance changes for double cab pick-ups have been removed. This follows Ministerial announcement to amend legislation to preserve the prior treatment of double cab pick-ups with a payload of one tonne or more as goods vehicles.

Plant and Machinery Allowances (PMA): cars: outline - meaning of ‘car’

The 13 February 2024 guidance changes for double cab pick-ups have been removed. This follows Ministerial announcement to amend legislation to preserve the prior treatment of double cab pick-ups with a payload of one tonne or more as goods vehicles.

Plant and Machinery Allowances (PMA): cars: contents

The 13 February 2024 guidance changes for double cab pick-ups have been removed. This follows Ministerial announcement to amend legislation to preserve the prior treatment of double cab pick-ups with a payload of one tonne or more as goods vehicles.

13 February 2024 published amendments

Plant and Machinery Allowances (PMA): cars: outline - meaning of ‘car’

Updated for new interpretation on multi-purpose vehicles and double cab pick-ups.

Plant and Machinery Allowances (PMA): cars: contents

New page on double cab pick-ups at CA23511

15 January 2024 published amendments

General: claims: Capital allowances claims and partnerships

To make clear that the partnership tax calculation for corporate members of a partnership may include a claim to capital allowances that are only available to companies within the charge to Corporation Tax.

12 January 2024 published amendments

5 January 2024 published amendments

Plant and Machinery Allowance (PMA): First Year Allowance (FYA): Expenditure on plant or machinery for an electric vehicle charging point

The period within which the expenditure must be incurred has been updated so that it ends on 31 March and 5 April 2025 for Corporation Tax and Income Tax purposes respectively. This is to reflect the effect of Finance (No. 2) Act 2023 (c. 30), s. 9.

2023

10 November 2023 published amendments

Plant and Machinery Allowance (PMA): First Year Allowance (FYA): expenditure on which available and rates

Environmentally beneficial and energy-saving FYA moved to repealed schemes.

Additional paragraph and example to explain how pre-commencement expenditure works with FYAs

9 October 2023 published amendments

Plant and Machinery Allowance (PMA): First Year Allowance (FYA): contents

New sub contents page added for full expensing and 50% first year allowance

13 January 2023 published amendments

2022

9 May 2022 published amendments

PMA: Long funding lease: miscellaneous

Updated to reflect changes introduced in FA 2021 as a consequence of COVID-19.

10 February 2022 published amendments

Capital Allowances Manual: recent changes

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Capital Allowances Manual: recent changes

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Capital Allowances Manual: recent changes

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Capital Allowances Manual: recent changes

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Capital Allowances Manual: Recent changes

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Capital Allowances Manual: recent changes

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Capital Allowances Manual: recent changes

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Capital Allowances Manual: recent changes

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Capital allowances manual: changes 21 October 2014

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Capital Allowances Manual: recent changes

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Capital Allowances Manual: updateindex

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2021

26 November 2021 published amendments

Plant and Machinery Allowance (PMA): First Year Allowance (FYA): contents

Added Enhanced CAs guidance for freeport tax sites.

Plant and Machinery Allowance (PMA): First Year Allowance (FYA): expenditure on which available and rates

added guidance for enhanced capital allowance for freeport tax sites.

20 November 2021 published amendments

Structures and buildings allowance (SBA): outline: background

Added reference to enhanced SBA available in Freeports.

Structures and buildings allowance (SBA): allowances: amount of allowance

Added guidance for enhanced SBA in Freeports.

Structures and buildings allowance (SBA): qualifying expenditure: meaning of qualifying expenditure

Added enhanced SBA guidance for Freeports.

Structures and buildings allowance (SBA): evidence requirement: the allowance statement

Added reference to guidance on enhanced SBA in Freeports.

Structures and buildings allowance (SBA): contents

Published new enhanced SBA in Freeports guidance.

11 November 2021 published amendments

Plant and Machinery Allowance (PMA): First Year Allowance (FYA): expenditure on North Sea oil ring-fence plant and machinery

Added FA21/S9 guidance on new temporary 100% FYA for expenditure in the ring fence.

10 November 2021 published amendments

Plant and Machinery Allowance (PMA): First Year Allowance (FYA): Super-Deduction and Special Rate (SR) Allowance: Qualifying conditions

republishing FA21 super-deduction and special rate allowance guidance.

Plant and Machinery Allowance (PMA): First Year Allowance (FYA): Super-Deduction and Special Rate (SR) Allowance: Expenditure incurred on or after 1 April 2021 but before 1 April 2023

Re-publishing FA21 super-deduction and special rate allowance guidance.

Plant and Machinery Allowance (PMA): First Year Allowance (FYA): Super-Deduction and Special Rate (SR) Allowance: General exclusions from FYAs

Re-publishing FA21 super-deduction and special rate allowance guidance.

Plant and Machinery Allowance (PMA): First Year Allowance (FYA): Super-Deduction and Special Rate (SR) Allowance: Hire purchase and similar contracts

Re-publishing FA21 super-deduction and special rate allowance guidance.

Plant and Machinery Allowance (PMA): First Year Allowance (FYA): Super-Deduction and Special Rate (SR) Allowance: Reduced super-deduction

Re-publishing FA21 super-deduction and special rate allowance guidance.

Plant and Machinery Allowance (PMA): First Year Allowance (FYA): Super-Deduction and Special Rate (SR) Allowance: Disposal of assets on which super-deduction has been claimed – computing the balancing charge

Re-publishing FA21 super-deduction and special rate allowance guidance.

Plant and Machinery Allowance (PMA): First Year Allowance (FYA): Super-Deduction and Special Rate (SR) Allowance: Disposal of assets on which super-deduction has been claimed – balancing charge in chargeable periods commencing before 1 April 2023

Re-publishing FA21 super-deduction and special rate allowance guidance.

Plant and Machinery Allowance (PMA): First Year Allowance (FYA): Super-Deduction and Special Rate (SR) Allowance: Disposal of assets on which super-deduction has been claimed – Miscellaneous provisions relating to disposals

Re-publishing FA21 super-deduction and special rate allowance guidance.

Plant and Machinery Allowance (PMA): First Year Allowance (FYA): Super-Deduction and Special Rate (SR) Allowance: Disposal of assets on which SR allowance has been claimed

Re-publishing FA21 super-deduction and special rate allowance guidance.

Plant and Machinery Allowance (PMA): First Year Allowance (FYA): Super-Deduction and Special Rate (SR) Allowance: contents

Re-publishing FA21 super-deduction and special rate allowance guidance.

Plant and Machinery Allowance (PMA): First Year Allowance (FYA): contents

Added new FA21 130% super-deduction and 50% special rate allowance guidance.

2020

8 January 2020 published amendments

PMA: Miscellaneous: Renewals

page archived

PMA: Miscellaneous: Contents

Link to CA29220 archived

2019

26 October 2019 published amendments

2017

19 July 2017 published amendments

PMA: Fixtures: Contents

CA26470-CA26486 are new pages on the rules in CAA01 SS187A-187B concerning the transfer of ownership of plant and machinery fixtures when a property is sold or a lease is granted. Previously, these pages were only available in draft form.