Expenditure on new items of plant and machinery incurred until 31 March 2023 is subject to the Covid related super deduction allowance. This allowance provides tax relief at the rate of 130% of the...
From 1 April 2021 100% first year allowances are only available for electric cars or cars having zero CO2 emissions.
For cars having CO2 emissions of up to 50g, writing down allowances of 18% are available
For...
In a Court of Appeal (CA) ruling dated 20 July 2020, the court ruled that three types of modified crew cab vehicles are cars rather than vans.
This ruling concerns a long running case between Coca Cola...