Capital Allowances Act 2001 section 262AC

Co-ownership schemes: calculation of allowance after election

Section 262AC sets out how the operator of a co-ownership authorised contractual scheme must calculate and allocate plant and machinery allowances to participants once an election under section 262AB is in effect.

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.