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Capital Allowances Act 2001


61.This Chapter contains provisions designed to prevent allowances being claimed twice in respect of the same expenditure under different Parts.

62.The Chapter also provides a special rule applying to claims for allowances in respect of fixtures. The general effect of the rules in this Chapter is that different people can claim allowances under different Parts in respect of an asset – for example successive owners. But this does not apply for fixtures. In such cases, one person’s claim binds a subsequent claimant.

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