Part 2Plant and machinery allowances
Chapter 5Allowances and charges
Pooling
53Pooling of qualifying expenditure
(1)
Qualifying expenditure has to be pooled for the purpose of determining a person’s entitlement to writing-down allowances and balancing allowances and liability to balancing charges.
(2)
If a person carries on more than one qualifying activity, expenditure relating to the different activities must not be allocated to the same pool.