Part 2 Plant and machinery allowances

Chapter 3 Qualifying expenditure

Exclusion of certain types of expenditure

38 Production animals etc.

Expenditure is not qualifying expenditure if it is incurred on—

(a)

animals or other creatures to which F1section 30 or Chapter 8 of Part 2 of ITTOIA 2005 or Schedule 5 to ICTA (treatment of farm animals etc. for purposes of F2Part 2 of ITTOIA 2005 or Case I of Schedule D) applies, or

(b)

shares in such animals or creatures.