Capital Allowances Act 2001 Schedule 3 paragraph 10

Exclusion of double relief

Schedule 3 paragraph 10 provides a transitional rule disapplying the double relief exclusion in section 9 for expenditure incurred before a specified date.

• Section 9 prevents a person from obtaining capital allowances more than once on the same expenditure, including in relation to fixtures
• This transitional provision disapplies section 9 for expenditure incurred before 24th July 1996
• Expenditure incurred before that date is therefore not subject to the double relief exclusion rules
• For expenditure incurred on or after 24th July 1996, section 9 applies in the normal way to prevent overlapping claims