Income Tax (Trading and Other Income) Act 2005

826Excluded capital expenditure
This section has no associated Explanatory Notes

Capital expenditure (“excluded capital expenditure”) does not constitute qualifying expenditure for the purposes of CAA 2001 if it is—

(a)incurred by a relevant individual in a relevant chargeable period, and

(b)incurred on the provision of plant or machinery wholly or partly for the provision of foster care by the individual.