Capital Allowances Act 2001

323 Adjusted net costU.K.
This section has no associated Explanatory Notes

The amount of the adjusted net cost is—

where—

S is the starting expenditure,

P is the amount of any proceeds from the balancing event,

I is the number of days in the relevant period of ownership on which the building was an industrial building or used for research and development, and

R is the number of days in the whole of the relevant period of ownership.