# Capital Allowances Act 2001, Section 386: The residue of qualifying expenditure


The residue of qualifying expenditure at any time is—
QE+B-Awhere—
QE is the amount of qualifying expenditure,
B is the total amount of balancing charges previously made under this Part in respect of the expenditure, and
A is the total amount of any allowances (including balancing allowances) previously made under this Part in respect of that expenditure (whether to the same or to different persons).

---
Source: https://www.legislation.gov.uk/ukpga/2001/2/section/386 (the official version)
Page: https://openlegislation.uk/capital-allowances-act-2001/section-386
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.