39 First-year allowances available for certain types of qualifying expenditure onlyU.K.
A first-year allowance is not available unless the qualifying expenditure is first-year qualifying expenditure under—
| section 40 | expenditure incurred for Northern Ireland purposes by small or medium-sized enterprises, |
| section 44 | expenditure incurred by small or medium-sized enterprises, F1... |
| section 45 | ICT expenditure incurred by small enterprises [F2, F3... |
| section 45A | expenditure on energy-saving plant or machiner F2][F4, |
| section 45D | expenditure on cars with low CO2 emissions,F4] |
| [F5section 45E | expenditure on plant or machinery for gas refuelling stationF5][F6, or |
| section 45F | expenditure on plant and machinery for use wholly in a ring fence trade.F6] |
Textual Amendments
F1Word in s. 39 repealed (with effect in accordance with s. 65 of the amending Act) by Finance Act 2001 (c. 9), s. 110, Sch. 33 Pt. 2(4) Note
F2Words in s. 39 inserted (with effect as mentioned in s. 65 of the amending Act) by Finance Act 2001 (c. 9), s. 65, Sch. 17 para. 1
F3Word in s. 39 repealed (with effect as mentioned in s. 59 of the amending Act) by Finance Act 2002 (c. 23), s. 141, (Sch. 40 Pt. 3(7) Note)
F4Words in s. 39 inserted (with effect as mentioned in s. 59 of the amending Act) by Finance Act 2002 (c. 23), s. 59, Sch. 19 para. 2
F5Words in s. 39 inserted (with effect as mentioned in s. 61 of the amending Act) by Finance Act 2002 (c. 23), s. 61, Sch. 20 para. 2
F6Words in s. 39 inserted (with effect as mentioned in s. 63 of the amending Act) by Finance Act 2002 (c. 23), s. 63, Sch. 21 para. 2