# Finance Act 2008, Section 108: Capital allowances: plant and machinery for use in ring fence trade


(1) In section 52(3) of CAA 2001 (amount of first-year allowances), for the two entries in the table relating to section 45F substitute—
“
Expenditure qualifying under section 45F (expenditure for use wholly in a ring fence trade)
100%
”.
(2) The amendment made by subsection (1) has effect in relation to expenditure incurred on or after 12 March 2008.

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Source: https://www.legislation.gov.uk/ukpga/2008/9/section/108 (the official version)
Page: https://openlegislation.uk/finance-act-2008/section-108
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.