Related Commentary  Related HMRC Manuals

94D(1)  This section applies if, in calculating the profits of a trade of a person for a period–

(a)a deduction would otherwise be allowable for the period in respect of qualifying expenditure incurred in relation to a relevant vehicle (see subsection (2)), or

(b)a deduction would be so allowable in respect of such expenditure but for the fact it is capital expenditure.

94D(2)  In this section “relevant vehicle” means a car, motor cycle or goods vehicle that–

(a)is used for the purposes of the trade, and

(b)is not an excluded vehicle (see section 94E).

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