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 Budget 2006
  Main capital allowances


Allowance %
Plant and machinery  
- first year allowance for small businesses* 50
- first year allowance for medium businesses 40
- writing down allowance (6% on some long life assets) 25
- cars in general (max £3,000pa) 25
- certain energy efficient plant, including low emission cars 100
Industrial buildings writing down allowance 4
 
* (From 1.04.06 for companies; from 6.4.06 for income tax traders)
 

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