418 Amount of allowances and charges
Capital Allowances Act 2001 (2001 c 2) | Legislation

418  Amount of allowances and charges

(1)     The amount of the writing-down allowance to which a person is entitled for any chargeable period in respect of qualifying expenditure is—

(a)     in the case of qualifying expenditure on the acquisition of a mineral asset, 10% of the amount by which UQE exceeds TDR;

(b)     in the case of other qualifying expenditure, 25% of the amount by which UQE exceeds

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