Market leading insight for tax experts
View online issue

Capital allowances changes for 2012

Speed read

A number of important capital allowances changes will take effect in 2012. Three of the key measures include: cutting the main and special rates of writing-down allowance for plant and machinery to 18% and 8% respectively; slashing the Annual Investment Allowance from £100,000 to £25,000; and two significant new obstacles before a buyer can claim capital allowances for the purchase of second-hand fixtures. The first obstacle is called the ‘pooling requirement’ and the second the ‘fixed value requirement’.

If you or your firm subscribes to Taxjournal.com, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
EDITOR'S PICKstar
Top