# Capital Allowances Act 1990 (repealed) 1990 c. 1 · enacted 19 March 1990 · revised to 1 April 2001 An Act to consolidate certain enactments relating to capital allowances. PDFs: Printed copy https://openlegislation.uk/capital-allowances-act-1990-repealed/pdf/ukpga_19900001_en.pdf ## Introductory text . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Part I: Industrial Buildings and Structures ### Chapter I: Initial Allowances ## 1 Buildings and structures in enterprise zones. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 2 Transitional relief for regional projects. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 2A Initial allowances: contracts entered into between October 1992 and November 1993. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Chapter II: Writing-down Allowances, Balancing Allowances and Balancing Charges ## 3 Writing-down allowances. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 4 Balancing allowances and balancing charges. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 4A Realisation of capital value. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 5 Restriction of balancing allowances on sale of industrial buildings or structures. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 6 Buildings and structures (including hotels) in enterprise zones. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 7 Other hotels. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Chapter III: Provisions Supplementary to Chapters I and II ## 8 Writing off of expenditure and meaning of “residue of expenditure". . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 9 Manner of making allowances and charges. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 10 Purchases of buildings and structures. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 10A Purchases of buildings and structures: special provision for enterprise zones. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 10B Purchases of buildings and structures in enterprise zones within two years of use. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 10C Purchases of buildings and structures: allowances under section 2A. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 10D Arrangements affecting the value of the purchased interest. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 11 Long leases. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 12 Expenditure on repair of buildings. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 13 Expenditure on sites for machinery and plant. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 14 Sports pavilions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 15 Temporary disuse of industrial buildings or structures. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 15ZA Temporary disuse: manner of making allowances and charges in certain cases. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 15A Balancing charge after cessation of trade. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 16 Requisitioned land, holding over of leased land and other special cases. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 17 Mining structures etc: balancing allowances carried back to earlier chargeable periods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 17A Enterprise zones: exclusion of expenditure. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 18 Definition of “industrial building or structure". . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 19 Meaning of “qualifying hotel". . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 20 Meaning of “the relevant interest". . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 21 Other interpretation of Part I. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Part II: Machinery and Plant ### Chapter I: Allowances and Charges: General Provisions ## 22 First-year allowances: transitional relief for regional projects. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 22A Expenditure of a small or medium-sized enterprise. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 22AA Expenditure of a small enterprise. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 22B Withdrawal of first-year allowance on change of use. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 22C Disclosure of information in connection with first-year allowances. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 23 Information relating to first-year allowances. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 24 Writing-down allowances and balancing adjustments. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 25 Qualifying expenditure. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 26 The disposal value. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 27 Professions, employments, vocations etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 28 Investment companies. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 28A Schedule A cases. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 29 Furnished holiday lettings. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Chapter II: Ships ## 30 First-year allowances. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 31 Writing-down allowances. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 32 Ships not used in the actual trade. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 33 Exclusion of section 31. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Balancing charges in respect of ship disposals et ceteralaetc. ## 33A Deferment of balancing charge. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 33B Amount brought into account in respect of the old ship. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 33C Reimposition of deferred charge. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 33D Expenditure to which deferments attributed. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 33E Qualifying ships. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 33F Procedural provisions relating to deferred charges. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Chapter III: Expensive Motor Cars ## 34 Writing-down allowances etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 35 Contributions to expenditure, and hiring of cars. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 36 Definition of “motor car", etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Chapter IV: Short-Life Assets ## 37 Election for certain machinery or plant to be treated as short-life assets. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 38 Assets which cannot be treated as short-life assets. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Chapter IVA: Long-life assets ### Expenditure to which Chapter applies ## 38A Application of Chapter. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 38B Expenditure excluded from the application of the Chapter. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 38C Exclusion of Chapter where limit for individuals and partnerships not exceeded. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 38D Exclusion of Chapter where company’s limit not exceeded. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Rules applying to expenditure on long-life assets ## 38E Separate pools for expenditure on long-life assets. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 38F Modifications applying to pools for long-life assets. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 38G Disposal value of long-life assets. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Transitional provisions ## 38H Transitional provisions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Chapter V: Leased Assets and Inexpensive Cars ## 39 Meaning of “qualifying purpose". . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 40 Meaning of “short-term leasing" and “the requisite period". . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 41 Writing-down allowances etc. for leased assets and inexpensive cars. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 42 Assets leased outside the United Kingdom. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 43 Joint lessees: new expenditure. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 44 Further provisions relating to joint lessees in cases involving new expenditure. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 45 Joint lessees: old expenditure. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 46 Recovery of excess relief: new expenditure. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 47 Recovery of excess relief: old expenditure. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 48 Information relating to allowances made in respect of new expenditure. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 49 Information relating to allowances made in respect of old expenditure. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 50 Interpretation of Chapter V. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Chapter VI: Fixtures ## 51 Application and interpretation of Chapter VI. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 52 Expenditure incurred by holder of interest in land. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 53 Expenditure incurred by equipment lessor. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 54 Expenditure included in consideration for acquisition of existing interest in land. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 55 Expenditure incurred by incoming lessee: transfer of allowances. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 56 Expenditure incurred by incoming lessee: lessor not entitled to allowances. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 56A Restriction on duplicate allowances under sections 54 and 56. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 56B Fixtures on which a former owner had an allowance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 56C Fixtures on which an allowance has been given under Part I. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 56D Fixtures on which an allowance has been given under Part VII. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 57 Fixtures treated as ceasing to belong to particular persons. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 58 Equipment lessors: special provisions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 59 Disposal value of fixtures in certain cases. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 59A Disposal values in avoidance cases. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 59B Election to use alternative apportionment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 59C Elections under section 59B: supplemental. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Chapter VII: Miscellaneous Expenditure ## 60 Machinery and plant on hire-purchase etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 60A Machinery and plant on hire-purchase etc.: fixtures. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 61 Machinery and plant on lease. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 62 Treatment of demolition costs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 62AA Reuse etc. of offshore oil infrastructure . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 62AB Meaning of “decommissioning expenditure” in section 62AA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 62AC Meaning of “offshore infrastructure” in section 62AA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 62A Special allowance for decommissioning costs related to offshore machinery or plant. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 62B Treatment of post-cessation abandonment expenditure related to offshore machinery or plant. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 63 Mineral extraction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 64 Transfers of interests in oil fields. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 64A Production sharing contracts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 65 Partnership using property of a partner. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 66 Building alterations connected with installation of machinery or plant. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 67 Expenditure on thermal insulation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 67A Computer software. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 68 Exclusion of certain expenditure relating to films, tapes and discs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 69 Expenditure on fire safety. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 70 Expenditure on safety at sports grounds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 71 Security. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 72 Security: supplementary. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Chapter VIII: Supplementary Provisions ## 73 Manner of making allowances and charges. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 74 Allowances not available: expenses of MPs and others. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 75 Further restrictions on allowances. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 76 Extension of section 75. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 76A Special provision for finance lease cases. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 76B Special provision for sale and leaseback cases. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 77 Successions to trades: connected persons. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 78 Succession to trades where no election made under section 77. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 79 Effect of use partly for trade etc. and partly for other purposes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 79A Reduction in qualifying use. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 80 Effect of subsidies towards wear and tear. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 81 Effect of use after user not attracting capital allowances, or after receipt by way of gift. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 82 Capital expenditure to which this Part does not apply. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 82A Meaning of “finance lease”. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 83 Other interpretative provisions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Part III: Dwelling-houses Let on Assured Tenancies ## 84 Application of Part III. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 85 Writing-down allowances. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 86 Qualifying dwelling-houses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 87 Balancing allowances and charges and withdrawal of initial allowances in certain cases. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 88 Dwelling-houses not continuously qualifying dwelling-houses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 89 Supplementary provisions where dwelling-house ceases to be a qualifying dwelling-house. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 90 Writing off of expenditure and meaning of “residue of expenditure". . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 91 Buildings bought unused. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 92 Manner of making allowances and charges. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 93 Repairs, and double allowances. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 94 Holding over by lessees, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 95 The relevant interest. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 96 The appropriate capital expenditure. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 97 Interpretation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Part IV: Mineral Extraction ### Chapter I: Allowances and Charges ## 98 Writing-down and balancing allowances. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 99 Disposal receipts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 100 Balancing charges: excess of allowances etc. over expenditure. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 101 Occasions of balancing allowances. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 102 Treatment of qualifying expenditure on mineral exploration and access. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 103 Demolition costs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 104 Manner of making allowances and charges. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Chapter II: Qualifying Expenditure ## 105 General provisions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 106 Pre-trading expenditure on machinery or plant which is sold etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 107 Pre-trading exploration expenditure. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 108 Contributions by mining concerns to public services etc. outside the United Kingdom. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 109 Restoration expenditure. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Chapter III: Limitations on Qualifying Expenditure etc. ## 110 Expenditure on the acquisition of land. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 111 Reduction of qualifying expenditure for premium relief. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 112 Restriction of disposal receipts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 113 Assets formerly owned by traders. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 114 Assets previously acquired. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 115 Expenditure partly attributable to mineral exploration and access. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 116 Oil licences etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 117 Transfer of mineral assets within a group. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 118 Assets formerly owned by non-traders. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 118A Disposals of oil licences relating to undeveloped areas. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Chapter IV: Supplementary Provisions ## 119 Transitional provisions relating to old expenditure. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 120 Time when expenditure is incurred. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 121 Interpretation of Part IV. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Part V: Agricultural Buildings etc. ### Chapter I: Agriculture ## 122 Allowances for expenditure incurred before 1st April 1986. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 123 Allowances for expenditure incurred after 31st March 1986. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 124 Expenditure qualifying for allowances. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 124A Initial allowances: contracts entered into between October 1992 and November 1993. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 124B Restriction on writing-down allowance where initial allowance made. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 125 Meaning of “major interest" and “the relevant interest". . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 126 Transfers of relevant interest. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 127 Buildings etc. bought unused. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 127A Purchases of buildings and structures: cases involving initial allowances. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 128 Balancing allowances and charges. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 129 Balancing events. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 130 Restriction of balancing allowances on sale of buildings. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Chapter II: Forestry ## 131 Forestry: transitional provisions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Chapter III: Supplemental ## 132 Manner of making allowances and charges. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 133 Interpretation of Part V. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Part VI: Dredging ## 134 Allowances for expenditure on dredging. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 135 Interpretation of Part VI. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Part VII: Scientific Research ## 136 Allowances for expenditure on scientific research not of a capital nature, and on payments to research associations, universities etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 137 Allowances for capital expenditure on scientific research. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 138 Assets ceasing to belong to traders. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 138A Disposal of oil licences etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 138B Disposal of oil licences: election for alternative tax treatment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 139 Supplemental. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Part VIII: Supplementary Provisions ## 140 Income tax allowances and charges in taxing a trade etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 141 Other income tax allowances. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 142 Restriction of set-off of allowances against general income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 143 Tax agreements. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 144 Corporation tax allowances and charges in taxing a trade. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 145 Other corporation tax allowances. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 145A Corporation tax allowances: claims. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 146 Writing-down allowances under Parts V and VI. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 147 Exclusion of double allowances. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 148 Double allowances: transitional provisions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 149 Companies not resident in the United Kingdom. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 150 Apportionment of consideration, and exchanges and surrenders of leasehold interests. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 151 Procedure on apportionments. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 152 Succession to trades etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 152A Insurance companies: transfers of business. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 152B Transfer of a UK trade. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 153 Subsidies, contributions etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 154 Allowances in respect of contributions to capital expenditure. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 155 Further provisions relating to capital contributions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 156 Meaning of “sale, insurance, salvage or compensation moneys". . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 157 Sales between connected persons etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 158 Further provisions relating to sales without change of control or between connected persons. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 159 Capital expenditure, capital sums and time when capital expenditure is incurred. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 159A Additional VAT liabilities and rebates. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 160 Meaning of “period of account”. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 161 Other interpretative provisions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 162 Application to Scotland. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 163 Continuity and construction of enactments etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 164 Commencement, amendments and repeals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 165 Short title. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Schedule AA1: Exclusions from expenditure on machinery or plant ### Buildings ## 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Structures, assets and works ## 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Land ## 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### General exemptions ## 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Interpretation ## 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Schedule A1: Corporation Tax Allowances: Claims ### Introductory ## 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Time limits ## 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Method of making claim ## 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Nature of claim ## 8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Adjustments ## 10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 11 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Schedule 1: Consequential amendments ### Taxes Management Act 1970 c. 10 ## 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Social Security Act 1975 c. 14 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Social Security (Northern Ireland) Act 1975 c. 15 ## 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Capital Gains Tax Act 1979 c. 14 ## 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Finance Act 1982 c. 39 ## 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### London Regional Transport Act 1984 c. 32 ## 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Films Act 1985 c. 21 ## 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Trustee Savings Bank Act 1985 c. 58 ## 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Income and Corporation Taxes Act 1988 c. 1 ## 8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Finance Act 1988 c. 39 ## 9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Finance Act 1989 c. 26 ## 10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Electricity Act 1989 c. 29 ## 11 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Schedule 2 Repeals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Schedule CAPITAL ALLOWANCES ACT 1990 TABLE OF DERIVATIONS Note:The following abbreviations are used in this Table:— . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . --- Source: https://www.legislation.gov.uk/ukpga/1990/1 (the official version) Page: https://openlegislation.uk/capital-allowances-act-1990-repealed Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.