The Capital Allowances (Environmentally Beneficial Plant and Machinery) (Amendment) Order 2005

This Order amends the Capital Allowances (Environmentally Beneficial Plant and Machinery) Order 2003 (S.I. 2003/2076, as amended) (“the 2003 Order”). That Order implemented legislation, inserted into the Capital Allowances Act 2001 (c. 2) by paragraph 3 of Schedule 30 to the Finance Act 2003 (c. 14), so as to introduce a scheme for 100% first-year allowances to encourage businesses to invest in environmentally beneficial plant and machinery.

Author: Joan Ryan and Tom Watson, Two of the Lords Commissioners of Her Majesty’s Treasury

Last modified: 2010-07-16