A person must at some time in the chargeable period be carrying on the qualifying trade for which the qualifying expenditure was incurred in order to claim writing-down allowances.

Capital expenditure incurred before the start of trading, but with a view to carrying on a trade, is treated as incurred on the day the trading actually begins.

Capital expenditure incurred in connection with a dock or other premises not yet occupied by the taxpayer for the purposes of a qualifying trade (but with a view to so occupying the premises) is similarly treated as incurred on the first day on which he both carries on the trade and occupies the dock.

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