SCHEDULES

SCHEDULE 1Annual investment allowance: periods straddling 1 January 2013 or 1 January 2015

3First straddling period beginning on or after the relevant date

1

This paragraph applies where no part of the first straddling period falls within paragraph 1(2)(a).

2

So far as concerns expenditure incurred before 1 January 2013, the maximum allowance under section 51A of CAA 2001 for the first straddling period is to be calculated as if the amendment made by section 7(1) had not been made.