C2C3C5C4C6C9C7C8C10Part II Machinery and Plant
Pt. II modified (19.9.1994) by Coal Industry Act 1994 (c. 21), s. 68(4), Sch. 4 para. 22; S.I. 1994/2189, art. 2, Sch.
Pt. 2 modified (8.11.1995) by Atomic Energy Authority Act 1995 (c. 37), Sch. 3 para. 20
Pt. 2 modified (8.11.1995) by Atomic Energy Authority Act 1995 (c. 37), Sch. 3 para. 16
Pt. 2 modified (24.7.1996) by Broadcasting Act 1996 (c. 55), s. 149(1)(f), Sch. 7 para. 14(1) (with Sch. 7 para. 14(2))
Pt. 2 restricted (24.7.1996) by Broadcasting Act 1996 (c. 55), s. 149(1)(f), Sch. 7 para. 16
Pt. 2 modified (24.7.1996) by Broadcasting Act 1996 (c. 55), s. 149(1)(f), Sch. 7 para. 15(2)
Pt. 2 modified (24.7.1996) by Broadcasting Act 1996 (c. 55), s. 149(1)(f), Sch. 7 para. 15(3)
Pt. 2 modified (with application in accordance with Sch. 12 para. 11(1) of the amending Act) by Finance Act 1997 (c. 16), Sch. 12 para. 11(3)(b) (with Sch. 12 paras. 13, 14)
C1C3Chapter I Allowances and Charges: General Provisions
Pt. II Chapter I (ss. 22–29) modified (31.5.1991) by Environmental Protection Act 1990 (c.43), s. 32(6), Sch. 2 para. 9(2)
27 Professions, employments, vocations etc.
1
Except as otherwise provided and subject in particular to subsections (2) F1to (3) below, the provisions of this Part shall, with any necessary adaptations, apply in relation to—
a
professions, employments, vocations and offices, and
b
the occupation of woodlands where the profits or gains thereof are assessable under Schedule D,
as they apply in relation to trades.
2
The provisions of this Part in their application in accordance with this section to an office or employment—
a
shall apply only to machinery or plant which is necessarily provided for use in the performance of the duties thereof, and
b
shall have effect subject to section 198(2) of the principal Act (offices and employments with duties abroad).
F22A
In the case of machinery to which this subsection applies, subsection (2)(a) above shall have effect with the omission of the word “necessarily".
2B
Subsection (2A) above applies to machinery if—
a
it consists of a mechanically propelled road vehicle, and
b
capital expenditure incurred on its provision is incurred partly for the purposes of the office or employment and partly for other purposes.
2C
Section 24 in its application in accordance with this section to an office or employment shall have effect, where a person’s qualifying expenditure consists of expenditure incurred on the provision of machinery to which subsection (2A) above applies, with the modifications set out in subsections (2D) and (2E) below.
2D
In subsection (2)(b) for the word “whole" there shall be substituted the words “appropriate fraction".
2E
The following subsection shall be inserted after subsection (2)—
(2A) For the purposes of subsection (2)(b) above the appropriate fraction is—
where—
A is the number of chargeable periods in the case of which—
(a) the person has carried on the trade,
(b) the machinery or plant has belonged to him, and
(c) he has claimed an allowance falling to be made to him under this section by reference to expenditure incurred on the provision of the machinery or plant; and
B is the number of chargeable periods in the case of which—
(a) the person has carried on the trade,
(b) the machinery or plant has belonged to him, and
(c) an allowance falls to be made to him under this section by reference to expenditure incurred on the provision of the machinery or plant."
3
This section shall have effect from 6th April 1993 with the omission of subsection (1)(b).
Pt. II (ss. 22–83) modified by Finance Act 1990 (c. 29), s. 87(3)(4)