Finance Act 2008 (c. 9)

SCHEDULES

SCHEDULE 26 U.K. Special rate expenditure and the special rate pool

Part 1 U.K. Amendments of CAA 2001

Consequential amendments U.K.

10 U.K. For section 102 (6% writing-down allowance in respect of long-life asset expenditure) substitute—

“102 Writing-down allowance in respect of long-life asset expenditure

Chapter 10A (special rate expenditure and the special rate pool) provides for the writing-down allowance to which a person is entitled in respect of long-life asset expenditure.”