236 Additional VAT liability generates first-year allowance [or annual investment allowance]
Capital Allowances Act 2001 (2001 c 2) | Legislation

236  Additional VAT liability generates first-year allowance [or annual investment allowance]

(1)     Subsection (2) applies if—

(a)     the original expenditure was first-year qualifying expenditure, and

(b)     the additional VAT liability is incurred at a time when the plant or machinery is provided for the purposes of the qualifying activity.

(2)     The additional VAT liability is to be regarded

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