# Capital Allowances Act 2001, Section 416A: First-year allowances available for certain types of qualifying expenditure


A first-year allowance is not available unless the qualifying expenditure is first-year qualifying expenditure under section 416B (expenditure incurred wholly for purposes of a ring fence trade).

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Source: https://www.legislation.gov.uk/ukpga/2001/2/section/416A (the official version)
Page: https://openlegislation.uk/capital-allowances-act-2001/section-416A
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.