# Finance Act 2000, Paragraph 87

Extent: E+W+S+N.I.

(1) Where any provision of this Part of this Schedule states that a person is not entitled to capital allowances in respect of expenditure on plant or machinery—
(a) no annual investment allowance or first-year allowance is to be be given in respect of that expenditure, and
(b) the expenditure shall be disregarded for the purposes of calculating the person’s entitlement to a writing-down allowance or balancing allowance or liability to a balancing charge.
(2) If there is no entitlement to capital allowances in respect of expenditure, there is no entitlement to capital allowances in respect of any additional VAT liability incurred in respect of it.

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Source: https://www.legislation.gov.uk/ukpga/2000/17/schedule/22/paragraph/87 (the official version)
Page: https://openlegislation.uk/finance-act-2000/schedule-22/paragraph-87
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.