Part 2 Plant and machinery allowances

Chapter 4 First-year qualifying expenditure

General

39 First-year allowances available for certain types of qualifying expenditure only

A first-year allowance is not available unless the qualifying expenditure is first-year qualifying expenditure under—

section 40

expenditure incurred for Northern Ireland purposes by small or medium-sized enterprises,

section 44

expenditure incurred by small or medium-sized enterprises, F1...

section 45

ICT expenditure incurred by small enterprises F2, or

section 45A

expenditure on energy-saving plant or machinery.F2