# Capital Allowances Act 2001, Section 323: Adjusted net cost


The amount of the adjusted net cost is—
(S-P)xIRwhere—
S is the starting expenditure,
P is the amount of any proceeds from the balancing event,
I is the number of days in the relevant period of ownership on which the building was an industrial building or used for research and development, and
R is the number of days in the whole of the relevant period of ownership.

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Source: https://www.legislation.gov.uk/ukpga/2001/2/section/323 (the official version)
Page: https://openlegislation.uk/capital-allowances-act-2001/section-323
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.