Finance Act 2013 (c. 29)

PART 1 U.K. Income Tax, Corporation Tax and Capital Gains Tax

CHAPTER 5 U.K. Other provisions

Capital allowances U.K.

67 Allowances for energy-saving plant and machinery: Northern Ireland U.K.

(1) Section 45AA of CAA 2001 (section 45A exclusion: payments under Energy Act 2008 schemes) is amended as follows.

(2) In subsection (1)—

(a) in paragraph (a), after “(feed-in tariffs)” insert “ , or under a corresponding scheme having effect in Northern Ireland, ”, and

(b) in paragraph (b), after “of that Act” insert “ or section 113 of the Energy Act 2011 ”.

(3) In subsection (5), for “subsection (6)” substitute “ subsections (5A) and (6) ”.

(4) After that subsection insert—

“(5A) Except as provided by subsection (6), in the case of expenditure incurred on plant or machinery used or for use in Northern Ireland, the relevant date is—

(a) for corporation tax purposes, 1 April 2013, and

(b) for income tax purposes, 6 April 2013.”

(5) In the heading, for “payments under Energy Act 2008 schemes” substitute “ feed-in tariffs and renewable heat incentives ”.