Threads / Capital Allowances: Full Expensing / Capital allowances — permanent full expensing
Policy Paper Published 22 Nov 2023 HM Revenue & Customs ↗ View on GOV.UK

Capital allowances — permanent full expensing

This tax information and impact note outlines permanent full expensing for companies investing in plant and machinery.

▤ Verbatim text from source document

This measure makes full expensing and the 50% first-year allowance permanent for companies investing in plant and machinery.

The tax information and impact note contains details explaining the change and the impacts it has on those affected.