56 Amount of allowances and charges
Capital Allowances Act 2001 (2001 c 2) | Legislation

56  Amount of allowances and charges

(1)     The amount of the writing-down allowance to which a person is entitled for a chargeable period is [18%] of the amount by which AQE exceeds TDR.

[(1A)     But in relation to qualifying expenditure incurred wholly for the purposes of a ring fence trade in respect of which tax is chargeable

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