- Latest available (Revised)
- Point in Time (19/07/2013)
- Original (As enacted)
Version Superseded: 05/07/2019
Point in time view as at 19/07/2013.
There are currently no known outstanding effects for the Capital Allowances Act 2001, Chapter 2.
Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.
(1)If an allowance is made under any Part of this Act to a person in respect of capital expenditure, no allowance is to be made to him under any other Part in respect of—
(a)that expenditure, or
(b)the provision of any asset to which that expenditure related.
(2)This section does not apply in relation to Parts 7 and 8 (know-how and patent allowances).
(1)Subsection (2) applies if, under Part 2—
(a)any capital expenditure has been allocated to a pool, and
(b)an allowance or charge has been made to or on any person in respect of the pool.
(2)The person to or on whom the allowance or charge has been made is not entitled to an allowance under any Part other than Part 2 in respect of—
(a)the expenditure allocated to the pool, or
(b)the provision of any asset to which the allocated expenditure related.
(3)Subsection (4) applies if under any Part other than Part 2 an allowance has been made to a person in respect of any capital expenditure.
(4)The person to whom the allowance has been made is not entitled to allocate to any pool—
(a)that expenditure, or
(b)any expenditure on the provision of any asset to which the expenditure mentioned in paragraph (a) related.
(5)This section does not apply in relation to Parts 7 and 8 (know-how and patent allowances).
(1)A person is not entitled to make a fixtures claim in respect of any capital expenditure relating to an asset if—
(a)any person entitled to do so has at any previous time claimed an allowance under any Part other than Part 2, and
(b)the claim was for an allowance in respect of capital expenditure relating, in whole or part, to the asset.
(2)Subsection (1) does not prevent a person making a fixtures claim in respect of capital expenditure if—
(a)the only previous claim was under Part 3[F1, 3A] or 6 (industrial buildings and research and development allowances), and
(b)section 186(2)[F2, 186A(2)] or 187(2) (limit on amount of expenditure that may be taken into account) applies to that expenditure.
(3)If a person entitled to do so has made a fixtures claim in respect of capital expenditure relating to an asset, no one is entitled to an allowance on a later claim under any Part other than Part 2 in respect of any capital expenditure relating to the asset.
(4)A person makes a fixtures claim in respect of expenditure if he makes a claim (in the sense given in section 202(3)) under Chapter 14 of Part 2 in respect of the expenditure as expenditure on the provision of a fixture.
Textual Amendments
F1Words in s. 9(2)(a) inserted (with effect in accordance with Sch. 10 para. 12 of the amending Act) by Finance Act 2012 (c. 14), Sch. 10 para. 7(a)
F2Words in s. 9(2)(b) inserted (with effect in accordance with Sch. 10 para. 12 of the amending Act) by Finance Act 2012 (c. 14), Sch. 10 para. 7(b)
(1)In this Chapter “capital expenditure” includes any contribution to capital expenditure.
(2)For the purposes of this Chapter—
(a)expenditure relates to an asset only if it relates to its provision, and
(b)the provision of an asset includes its construction or acquisition.
The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Whole Act you have selected contains over 200 provisions and might take some time to download.
Would you like to continue?
The Whole Act without Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Whole Act without Schedules you have selected contains over 200 provisions and might take some time to download.
Would you like to continue?
The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Whole Act without Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Point in Time: This becomes available after navigating to view revised legislation as it stood at a certain point in time via Advanced Features > Show Timeline of Changes or via a point in time advanced search.
Geographical Extent: Indicates the geographical area that this provision applies to. For further information see ‘Frequently Asked Questions’.
Show Timeline of Changes: See how this legislation has or could change over time. Turning this feature on will show extra navigation options to go to these specific points in time. Return to the latest available version by using the controls above in the What Version box.
Text created by the government department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Public Acts except Appropriation, Consolidated Fund, Finance and Consolidation Acts.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: