Part 1 Introduction
Chapter 2 Exclusion of double relief
7 No double allowances
1
If an allowance is made under any Part of this Act to a person in respect of capital expenditure, no allowance is to be made to him under any other Part in respect of—
a
that expenditure, or
b
the provision of any asset to which that expenditure related.
F11A
In subsection (1), the reference to capital expenditure includes a reference to expenditure that is treated as capital expenditure for the purposes of section 270BJ(1) (structures and buildings allowances: expenditure on renovation, conversion and incidental repairs).
2
This section does not apply in relation to Parts 7 and 8 (know-how and patent allowances).