Part 2

Plant and machinery allowances
Chapter 10

Long-life assets

Anti-avoidance provisions

Later claims
103
1
Subsection (2) applies if—
a
a person entitled to do so has made a Part 2 claim in respect of expenditure incurred on the provision of plant or machinery, and
b
the expenditure fell to be treated as long-life asset expenditure for the purposes of the claim.
2
If—
a
at any time after making the Part 2 claim, that claimant or another person makes a Part 2 claim in respect of any qualifying expenditure incurred at any time (including a time before the incurring of the expenditure to which the earlier claim relates) on the provision of the same plant or machinery, and
b
the expenditure to which the later claim relates—
i
would not (but for this subsection) be treated for the purposes of the later claim as long-life asset expenditure, and
ii
is not prevented from being long-life asset expenditure by any of sections 93 to 96,
this Part has effect in relation to the later claim as if the expenditure to which it relates were long-life asset expenditure.
3
A person makes a Part 2 claim in respect of any expenditure if he—
a
makes a tax return in which the expenditure is taken into account in determining his available qualifying expenditure for the purposes of this Part;
b
gives notice of an amendment of a tax return which provides for the expenditure to be so taken into account;
c
makes a claim in any other way for the expenditure to be so taken into account.