Related Commentary  Related HMRC Manuals

45A  [Repealed by FA 2019, s. 33(1)(a).]

History

S. 45A repealed by FA 2019, s. 33(1)(a), with effect in relation to expenditure incurred on or after 1 April 2020 (corporation tax) and 6 April 2020 (income tax). Former s. 45A read as follows:

“Expenditure on energy-saving plant or machinery

45A(1)  Expenditure is first-year qualifying expenditure if–

(a)it is expenditure on energy-saving plant or machinery that is unused and not second-hand,

(b)it is incurred on or after 1st April 2001, and

(c)it is not excluded by section 46 (general exclusions).

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