[38B General exclusions applying to section 38A]
Capital Allowances Act 2001 (2001 c 2) | Legislation

[38B  General exclusions applying to section 38A]

[Expenditure within any of the following general exclusions is not AIA qualifying expenditure.

General exclusion 1
The expenditure is incurred in the chargeable period in which the qualifying activity is permanently discontinued.

General exclusion 2
The expenditure is incurred on the provision of a car (as defined by section

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