General pool: Difference between revisions
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imported>Doug Williamson (Link text expressly with short life asset special rules.) |
imported>Doug Williamson (Reference the main pool.) |
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''Tax''. | ''Tax''. | ||
The UK capital allowances pool for qualifying capital expenditure which is not dealt with by any special rules (such as short life asset elections). | The general UK capital allowances pool for qualifying capital expenditure which is not dealt with by any special rules (such as short life asset elections). | ||
Assets in the general pool qualify for normal plant and machinery allowances, without any special rules being applied. | |||
The general pool is also sometimes known as the main pool. | |||
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* [[Balancing charges]] | * [[Balancing charges]] | ||
* [[Capital allowances]] | * [[Capital allowances]] | ||
* [[Plant and machinery allowances]] | |||
* [[Qualifying expenditure]] | * [[Qualifying expenditure]] | ||
* [[Writing down allowance]] | * [[Writing down allowance]] | ||
Latest revision as of 11:59, 3 March 2016
Tax.
The general UK capital allowances pool for qualifying capital expenditure which is not dealt with by any special rules (such as short life asset elections).
Assets in the general pool qualify for normal plant and machinery allowances, without any special rules being applied.
The general pool is also sometimes known as the main pool.
