2017 No. 1304
Income Tax
Corporation Tax
The Capital Allowances Act 2001 (Extension of First-year Allowances) (Amendment) Order 2017
Made
Laid before the House of Commons
Coming into force
The Treasury, in exercise of the powers conferred by sections 45DA(1A) and 45E(1A) of the Capital Allowances Act 20011, make the following Order:
Citation and commencement1
This Order may be cited as the Capital Allowances Act 2001 (Extension of First-year Allowances) (Amendment) Order 2017 and comes into force on 1st April 2018.
Amendment of the Capital Allowances Act 20012
The Capital Allowances Act 2001 is amended as follows—
a
in section 45DA(1)(a) for “8 years” substitute “11 years”, and
b
in section 45E(1)(a) for “2018” substitute “2021”.
Heather WheelerAndrew GriffithsTwo of the Lords Commissioners for Her Majesty’s Treasury
EXPLANATORY NOTE
(This note is not part of the Order)