Section 39 First-year allowances available for certain types of qualifying expenditure only
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(1) A first-year allowance is not available unless the qualifying expenditure is first-year qualifying expenditure under [any of the following provisions]1—
... 2
...3 ...4
...2 [...5
section 45A expenditure on energy-saving plant or machinery.]6
[section 45D expenditure on cars with low CO2 emissions,]7
[section 45E expenditure on plant or machinery for gas refuelling station]8 [...9
section 45F expenditure on plant and machinery for use wholly in a ring fence trade.]10
[section 45H expenditure on environmentally beneficial plant or machinery.]11
Amendments
1 Inserted by Finance Act 2003 section 167 and Schedule 30 para 2(a).
2 Entries relating to sections 40 and 45 omitted by Finance Act 2008 section 76(5)(a) from 21 July 2008.
3 Entry relating to section 44 omitted by Finance Act 2008 section 75(3)(a) in relation to expenditure incurred on or after 6 April 2008 (for income tax purposes), or expenditure incurred on or after 1 April 2008 (for corporation tax purposes).
4 Word repealed by Finance Act 2001 section 110 and Schedule 33 Part 2(4) for income tax purposes as respects allowances and charges falling to be made for chargeable periods ending on or after 6 April 2001, and for corporation tax purposes as respects allowances and charges falling to be made for chargeable periods ending on or after 1 April 2001.
5 Word repealed by Finance Act 2002 section 141 and Schedule 40 Part 3(7) in relation to expenditure incurred on or after 17 April 2002.
6 Entry relating to section 45A (and the word "or" preceding it) inserted by Finance Act 2001 section 65 and Schedule 17 para 1 for income tax purposes as respects allowances and charges falling to be made for chargeable periods ending on or after 6 April 2001, and for corporation tax purposes as respects allowances and charges falling to be made for chargeable periods ending on or after 1 April 2001.
7 Entry relating to section 45D inserted by Finance Act 2002 section 59 and Schedule 19 para 2 in relation to expenditure incurred on or after 17 April 2002.
8 Entry relating to section 45E inserted by Finance Act 2002 section 61 and Schedule 20 para 2 in relation to expenditure incurred on or after 17 April 2002.
9 Omitted by Finance Act 2003 section 167 and Schedule 30 para 2(b) in relation to expenditure incurred on or after 1 April 2003.
10 Entry relating to section 45F (and the word "or" preceding it) inserted by Finance Act 2002 section 63 and Schedule 21 para 2 in relation to expenditure incurred on or after 17 April 2002.
11 Entry relating to section 45H inserted by Finance Act 2003 section 167 and Schedule 30 para 2(c) in relation to expenditure incurred on or after 1 April 2003.
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