Capital Allowances Act 2001 section 212

Reduction of allowances and charges on expenditure in single asset pool

Section 212 deals with how writing-down allowances, balancing allowances and balancing charges must be scaled back when expenditure sits in a single asset pool because a partial depreciation subsidy has been received.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.