Capital Allowances Act 2001 (c. 2)

Schedules

Schedule 3 Transitionals and savings

Part 4 Plant and machinery allowances

Cars, etc.

Cars above the cost threshold

19 In relation to expenditure incurred or treated as incurred before 11th March 1992, or incurred under a contract entered into before that date—

(a) sections 74(2) and 76(3) apply with the substitution of “£8,000” for “£12,000”; and

(b) sections 75(1) and 76(2) and (4) apply with the substitution of “£2,000” for “£3,000”.