258 Special leasing: income tax
Capital Allowances Act 2001 (2001 c 2) | Legislation

Special leasing of plant or machinery

258  Special leasing: income tax

(1)     This section applies for income tax purposes if the qualifying activity of a person entitled or liable to an allowance or charge for a chargeable period (“the current tax year”) is special leasing of plant or machinery.

(2)     Subject to subsection (3), the allowance is to be given effect by deducting it from the person's income for the current tax year from

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