There are provisions (in CAA 2001, s. 197) that prevent persons who have claimed capital allowances in respect of fixtures from artificially accelerating the remaining allowances on those fixtures by a disposal of those fixtures at less than their current tax written-down value.

They apply where four conditions are satisfied:

(a)a person is treated under the fixtures code as the owner of any plant or machinery as a result of incurring any expenditure;

(b)a disposal event occurs in relation to that plant or machinery;

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