Capital Allowances Act 2001 section 45C

Energy-saving components of plant or machinery

Section 45C was repealed by the Finance Act 2019, removing the provision that had previously allowed enhanced capital allowances for energy-saving components installed in plant or machinery.

• Section 45C previously provided for capital allowance treatment of energy-saving components forming part of plant or machinery.
• The section was repealed by Finance Act 2019, section 33(1)(a), removing these provisions from the legislation.
• Any energy-saving components of plant or machinery acquired after the repeal date will no longer qualify for the special treatment that this section formerly provided.
• Accountants should note that standard capital allowance rules now apply to expenditure on energy-saving components, rather than any enhanced regime previously available under this section.