Part 2 Plant and machinery allowances
Chapter 3 Qualifying expenditure
Exclusion of certain types of expenditure
F138ZAVehicles for which deductions allowed at fixed rate under Part 2 of ITTOIA 2005
Expenditure is not qualifying expenditure if—
(a)
it is incurred in respect of a vehicle in a period, and
(b)
a deduction is made for the period in respect of the expenditure under section 94D of ITTOIA 2005 (deduction allowable at fixed rate for expenditure on vehicles).