Capital allowances on cars

By Tolley
  • (Updated for Budget 2020)
Capital allowances on cars

The following Owner-Managed Businesses guidance note by Tolley provides comprehensive and up to date tax information covering:

  • Capital allowances on cars
  • Summary of capital allowances on cars
  • Definition of a car
  • Cars ― balancing allowances and charges

Summary of capital allowances on cars

The current capital allowance rates applicable to cars are as follows:

Pool typeDescription of carRateLegislation
Main rate pool

More on Capital allowances: