Capital Allowances


	2008/09	2007/08
	%	%
Plant and machinery (new or second hand)	20	25
Motor cars (new or second hand)	20	25
Industrial/agricultural buildings and works/qualifying hotels	3	4
Long life machinery and plant	10	6
Integral features in buildings	10	0
Patent rights and know how	25	25
Mines, oil wells and other mineral rights	25	25
Research & development	100	100
Energy saving and water efficient plant & machinery	100	100
Cars with low CO2 emissions	100	100
Plant/machinery for gas refuelling station	100	100
Renovation of business premises (deprived areas only)	100	100

From 1st April 2008 there is a 100% annual investment allowance on the first £50,000* capital expenditure on plant & machinery (per group of companies).*