Section 45D Expenditure on cars with low carbon dioxide emissions
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Amendments
Section 45D inserted by Finance Act 2002 section 59 and Schedule 11 para 14(9) for expenditure incurred on or after 17 April 2002.
(1) Expenditure is first-year qualifying expenditure if—
(a) it is incurred in the period beginning with 17th April 2002 and ending with 31st March [2013]1,
(b) it is expenditure on a car which is first registered on or after 17th April 2002 and which is unused and not second-hand,
[(c) the car—
(i) is electrically-propelled, or
(ii) has low CO2 emissions, and]2
(d) the expenditure is not excluded by section 46 (general exclusions).
Amendments
1 Substituted by Finance Act 2008 section 77(2) from 21 July 2008.
2 Para (c) substituted by Finance Act 2009 section 30 and Schedule 11 para 14(2) for expenditure incurred on or after 6 April 2009 (for income tax purposes), or 1 April 2009 (for corporation tax purposes).
(2) For the purposes of this section [a car has low CO2 emissions if it]1 satisfies the conditions in subsections (3) and (4).
Amendments
1 Substituted by Finance Act 2009 section 30 and Schedule 11 para 14(3) for expenditure incurred on or after 6 April 2009 (for income tax purposes), or 1 April 2009 (for corporation tax purposes).
(3) The first condition is that, when the car is first registered, it is so registered on the basis of [a qualifying emissions certificate.]1
Amendments
1 Substituted by Finance Act 2009 section 30 and Schedule 11 para 14(4) for expenditure incurred on or after 6 April 2009 (for income tax purposes), or 1 April 2009 (for corporation tax purposes).
(4) The second condition is that the applicable CO2 emissions figure [in relation to]1 the car does not exceed [110]2 grams per kilometre driven.
Amendments
1 Substituted by Finance Act 2009 section 30 and Schedule 11 para 14(5) for expenditure incurred on or after 6 April 2009 (for income tax purposes), aor 1 April 2009 (for corporation tax purposes).
2 Substituted by Finance Act 2008 section 77(3) for expenditure incurred on or after 1 April 2008.
(5) ...
Amendments
Subs (5) omitted by Finance Act 2009 section 30 and Schedule 11 para 14(6) for expenditure incurred on or after 6 April 2009 (for income tax purposes), or 1 April 2009 (for corporation tax purposes).
(6) ...
Amendments
Subs (6) omitted by Finance Act 2009 section 30 and Schedule 11 para 14(6) for expenditure incurred on or after 6 April 2009 (for income tax purposes), or 1 April 2009 (for corporation tax purposes).
(7) The Treasury may by order amend the amount from time to time specified in subsection (4).
(8) In this section any reference to a car [is to a car within the meaning of section 268A, except that it]1—
(a) includes a reference to a mechanically propelled road vehicle of a type commonly used as a hackney carriage, ...2
(b) ...2
Amendments
1 Inserted by Finance Act 2009 section 30 and Schedule 11 para 14(7)(a) for expenditure incurred on or after 6 April 2009 (for income tax purposes), and for expenditure incurred on or after 1 April 2009 (for corporation tax purposes).
2 Para (b) (and "or" preceding it) omitted by Finance Act 2009 section 30 and Schedule 11 para 14(7)(b) for expenditure incurred on or after 6 April 2009 (for income tax purposes), or 1 April 2009 (for corporation tax purposes).
(9) ...
Amendments
Subs (9) omitted by Finance Act 2009 section 30 and Schedule 11 para 14(8) for expenditure incurred on or after 6 April 2009 (for income tax purposes), or 1 April 2009 (for corporation tax purposes).
(10) ...
Amendments
Subs (10) omitted by Finance Act 2009 section 30 and Schedule 11 para 14(8) for expenditure incurred on or after 6 April 2009 (for income tax purposes), or 1 April 2009 (for corporation tax purposes).
In this section—
"applicable CO2 emissions figure" and "qualifying emissions certificate" have the meanings given in section 268C;
"electrically-propelled" has the meaning given in section 268B.
Amendments
Subs (11) inserted by Finance Act 2009 section 30 and Schedule 11 para 14(9) for expenditure incurred on or after 6 April 2009 (for income tax purposes), or 1 April 2009 (for corporation tax purposes).
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