Resource Centre

Tax Tables

Capital Allowances

Annual investment allowance	2025/26	2024/25	2023/24
Annual allowance	£1,000,000	£1,000,000	£1,000,000
Rate	100%	100%	100%

First year allowances (full expensing)	2025/26	2024/25	2023/24
New main rate plant and machinery assets	100%	100%	100%
New special rate (including long life) assets	50%	50%	50%

Business expenditure allowances	2025/26	2024/25	2023/24
Main writing down allowance	18%	18%	18%
Special writing down allowance (long life assets and integral features)	6%	6%	6%
Structures and buildings allowance	3%	3%	3%
Freeports structures and buildings allowance	10%	10%	10%
Patent rights	25%	25%	25%
Research and development	100%	100%	100%
Long life assets and integral features	50%	50%	50%
Plant and machinery for gas refuelling stations	100%	100%	100%
New zero-emission goods vehicles	100%	100%	100%
Freeports	100%	100%	100%

Motor cars	2025/26	2024/25	2023/24
New and unused electric or zero emission	100%	100%	100%
New and unused with emissions between 1g/km and 50g/km	18%	18%	18%
Used with emissions between 0g/km and 50g/km	18%	18%	18%
Emissions 51g/km +	6%	6%	6%