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Capital allowances for plant and machinery

Language: English Series: Inland Revenue Press Release ; 14 April 1993 (3)Publication details: 1993Subject(s): Summary: The Finance Bill introduces a 40% first year allowance on plant and machinery and a 20% initial allowance for new industrial and agricultural buildings.

The Finance Bill introduces a 40% first year allowance on plant and machinery and a 20% initial allowance for new industrial and agricultural buildings.