{
  "url": "https://openlegislation.uk/finance-act-2008/schedule-24/paragraph-12",
  "json_url": "https://openlegislation.uk/finance-act-2008/schedule-24/paragraph-12.json",
  "legislation": "ukpga/2008/9",
  "legislation_title": "Finance Act 2008",
  "legislation_url": "https://openlegislation.uk/finance-act-2008",
  "path": "schedule/24/paragraph/12",
  "kind": "paragraph",
  "number": "12",
  "heading": null,
  "text": "(1) Section 241 (no first-year allowance in respect of additional VAT liability) is amended as follows.\n(2) In subsection (1)(b), before “a first-year” insert “ an annual investment allowance or ”.\n(3) In subsection (2), for “A first-year allowance is not” substitute “ No annual investment allowance or first-year allowance is ”.\n(4) In subsection (3), after “Any” insert “ annual investment allowance or ”.\n(5) In the heading, after “No” insert “ annual investment allowance or ”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2008/9/schedule/24/paragraph/12",
    "retrieved_at": "2026-10-29T09:12:06.707101+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}