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United Kingdom · Question · Written question

UIN 169952

Equipment: Capital Allowances

answeredUnited Kingdom· UK Parliament· EN

Introduced

16 March 2021

Last action

22 March 2021 · Answer

Status

Answered

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Discovery layer

Source updated

22 March 2021

Summary

To ask the Chancellor of the Exchequer, if his Department will publish guidance on which plant and machinery is eligible for the super deduction capital allowances announced in Budget 2021, including any lists of eligible assets that have been prepared by

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Timeline

  1. 16 March 2021

    Written question

    To ask the Chancellor of the Exchequer, if his Department will publish guidance on which plant and machinery is eligible for the super deduction capital allowances announced in Budget 2021, including any lists of eligible assets that have been prepared by

    Source: Commons

  2. 22 March 2021

    Answer

    Most tangible capital assets used in the course of a business are considered plant and machinery. HMRC publish more detail in the capital allowances manual, available at: https://www.gov.uk/hmrc-internal-manuals/capital-allowances-manual.

    Source: Written answer

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