| Main Capital Allowances |
| Motor Cars |
| On reducing balance (max. £3,000 p.a. per car) |
25% |
| Plant and machinery |
| Small and medium firms: |
| Allowance for the first year |
40% |
| Writing down allowance on reducing balance |
25% |
| Large firms: |
| Writing down allowance only on reducing balance |
25% |
| Long Life Assets |
| Allowance for first year |
6% |
Writing down allowance for subsequent years on reducing balance
|
6% |
| Energy Saving Technology |
| All firms |
100% |
| Low Emission Cars |
| Registered on or after 17 April 2002 |
100% |
| Buildings |
| Industrial buildings and qualifying hotels |
4% of cost p.a. |
| Commerical/Industrial buildings in an enterprise zone |
100% |
| Agricultural buildings |
4% of cost p.a. |
| Scientific Research |
100% |
| Know how on reducing balance |
25% |
| Patent rights on reducing balance |
25% |
