Policy paper

Capital allowances: full expensing

This tax information and impact note outlines the introduction of full expensing for companies investing in plant and machinery from 1 April 2023 until 31 March 2026.

• From: HM Revenue & Customs
• Published: 15 March 2023

Documents

Capital allowances: full expensing for companies investing in plant and machinery from 1 April 2023 until 31 March 2026

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Details

This measure introduces full expensing for companies investing in plant and machinery from 1 April 2023 until 31 March 2026. The tax information and impact note contains details explaining the change and the impacts it has on those affected.

Published 15 March 2023