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.
- AI tax research with linked legislation and Finance Act changes
- Commentary, official guidance, publications and training material
- Case law, appeals and tribunal decisions in one place
Capital Allowances Act 2001 section 312
Allowance limited to residue of qualifying expenditure
Section 312 caps the writing-down allowance for a chargeable period so that it cannot exceed the remaining qualifying expenditure on a patent or know-how asset.
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.