Explanatory Notes

Capital Allowances Act 2001

2001 CHAPTER 2

22nd March 2001

Commentary on Sections

Glossary

Part 3: Industrial buildings allowances

Chapter 6: Writing-down allowances

Section 310: Basic rule for calculating amount of allowance

1059. This section is based on section 3(2) and section 6(2) of CAA 1990. It provides the basic rule for the amount of a writing-down allowance.