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 39
First-year allowances available for certain types of qualifying expenditure only
Section 39 restricts the availability of first-year allowances to specific categories of qualifying expenditure, ensuring that only certain types of capital spending on plant and machinery can benefit from accelerated tax relief.
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.