# Capital Allowances Act 2001, Section 53: Pooling of qualifying expenditure


(1) Qualifying expenditure has to be pooled for the purpose of determining a person’s entitlement to writing-down allowances and balancing allowances and liability to balancing charges.
(2) If a person carries on more than one qualifying activity, expenditure relating to the different activities must not be allocated to the same pool.

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Source: https://www.legislation.gov.uk/ukpga/2001/2/section/53 (the official version)
Page: https://openlegislation.uk/capital-allowances-act-2001/section-53
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.