Certain exclusions prevent expenditure from qualifying for first-year allowances, regardless of the heading under which such allowances might otherwise have been given. First-year allowances will not be available (CAA 2001, s. 46(2)) on any of the following:

(1)expenditure incurred in the chargeable period in which the qualifying activity is permanently discontinued;

(2)expenditure on a car (but see ¶237-450; see also below);

(3)expenditure on ships of the kind described in CAA 2001, s. 94 prior to 1 April 2013 (removed from general exclusion list by FA 2013, s. 70(1)(a));

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