Statutory Instruments
2013 No. 464
Income Tax
Corporation Tax
The Capital Allowances (First-year Tax Credits) Order 2013
Made
4th March 2013
Laid before the House of Commons
5th March 2013
Coming into force
28th March 2013
The Treasury make the following Order in exercise of the powers conferred by paragraph 3(3) of Schedule A1 to the Capital Allowances Act 2001( 1 ).
Citation and commencement
1. This Order may be cited as the Capital Allowances (First-year Tax Credits) Order 2013 and comes into force on 28 March 2013.
Extension of period in meaning of “relevant first-year expenditure”
2. In paragraph 3(1)(b) of Schedule A1 to the Capital Allowances Act 2001 (meaning of “relevant first-year expenditure”) for “31 March 2013” substitute “31 March 2018”.
Desmond Swayne
Mark Lancaster
Two of the Lords Commissioners for Her Majesty’s Treasury
4th March 2013
2001 c. 2 ; Schedule A1 was inserted by paragraph 5 of Schedule 25 to the Finance Act 2008 (c. 9) .