Explanatory note

This Order amends sections 45D and 45E of the Capital Allowances Act 2001 (c. 2). These sections set out the conditions to qualify for 100% first-year allowances on expenditure in respect of cars with low carbon dioxide emissions (section 45D) and plant and machinery for gas refuelling stations (section 45E).

Article 4 extends the relief for cars with low carbon dioxide emissions for a further three years to 31st March 2018. It also reduces the qualifying emissions threshold from 95 grams to 75 grams per kilometre driven.

Article 5 extends the relief for plant and machinery for gas refuelling stations for a further three years to 31st March 2018.

A Tax Information and Impact Note covering this instrument was published on 10th December 2014 alongside Autumn Statement 2014 and is available at: https://www.gov.uk/government/publications/capital-allowances-extension-of-enhanced-capital-allowances-for-car-and-goods-vehicles-to-2018. It remains an accurate summary of the impacts that apply to this instrument.