# Capital Allowances Act 2001, Section 320: Overall limit on balancing charge


The amount of a balancing charge made on a person must not exceed the amount of the net allowances made.

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Source: https://www.legislation.gov.uk/ukpga/2001/2/section/320 (the official version)
Page: https://openlegislation.uk/capital-allowances-act-2001/section-320
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.