Certain exclusions prevent expenditure from qualifying for first-year allowances, regardless of the heading under which such allowances may otherwise have been given. First-year allowances will not be available on any of the following:

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

(2)General exclusion 2 – expenditure on a car (but see ¶200-400) (CAA 2001, s. 268A);

(3)General exclusion 3 – repealed;

(4)General exclusion 4 – repealed;

(5)General exclusion 5 – expenditure would be long-life asset expenditure but for transitional provisions of CAA 2001, Sch. 3;

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