Capital Allowances on high emission cars

Capital Allowances on high CO2 emission cars

Didn't find your answer?

Am I correct in concluding that the restriction of the annual allowance on high CO2 emission cars to 8% merely delays tax relief (as the balancing allowance on final disposal of the vehicle will be correspondingly higher/ balancing charge lower)?

Replies (1)

Please login or register to join the discussion.

By Tim Vane
18th Jul 2018 00:34

To an extent you are correct, although the availability of a balancing allowance will depend on other factors, such as whether there is private use (in the case of an unincorporated entity) or the size of the asset pool after disposal.

Thanks (1)