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Finance Act 2002

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Changes over time for: Paragraph 6

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Point in time view as at 17/07/2012.

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There are currently no known outstanding effects for the Finance Act 2002, Paragraph 6. Help about Changes to Legislation

Amount of first-year allowancesU.K.

6In section 52(3), in the Table, after the entry relating to expenditure qualifying under section 45E (which is added by Schedule 20 to this Act) add—

Expenditure qualifying under section 45F (expenditure on plant and machinery for use wholly in a ring fence trade) which is long-life asset expenditure24%
Expenditure qualifying under section 45F (expenditure on plant and machinery for use wholly in a ring fence trade) other than long-life asset expenditure100%.

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