Capital Allowances Act 2001 section 93

Fixtures etc

Section 93 excludes expenditure on fixtures and plant or machinery in certain types of building from being treated as long-life asset expenditure.

• Spending on plant or machinery that is a fixture in, or provided for use in, certain buildings is excluded from the long-life asset rules
• The excluded buildings are those used wholly or mainly as a dwelling-house, hotel, office, retail shop or showroom, or for purposes ancillary to those uses
• "Retail shop" is broadly defined to include similar premises where retail trade, business or repair work is carried on
• The effect is that the long-life asset rules generally only apply to fixtures in industrial-type buildings