Chapter 2 – Machinery or plant: initial allowances, wear and tear allowances, balancing allowances and balancing charges (ss 283-301)

Contents

Section 283 – Initial allowances [TCA 1997 s 283] Section commentary
Section 284 – Wear and tear allowances [TCA 1997 s 284] Section commentary
Section 285 – Acceleration of wear and tear allowances [TCA 1997 s 285] Section commentary
Section 285A – Acceleration of wear and tear allowances for certain energy-efficient equipment [TCA 1997 s 285A] Section commentary
Section 285B – Acceleration of wear and tear allowances for childcare and fitness centre equipment [TCA 1997 s 285B] Section commentary
Section 285C – Acceleration of wear and tear allowances for gas vehicles and refuelling equipment [TCA 1997 s 285C] Section commentary
Section 285D – Acceleration of wear and tear allowances for farm safety equipment [TCA 1997 s 285D] Section commentary
Section 286 – Increased wear and tear allowances for taxis and cars for short-term hire [TCA 1997 s 286] Section commentary
Section 286A – Wear and tear allowances for licences for public hire vehicles [TCA 1997 s 286A] Section commentary
Section 287 – Wear and tear allowances deemed to have been made in certain cases [TCA 1997 s 287] Section commentary
Section 288 – Balancing allowances and balancing charges [TCA 1997 s 288] Section commentary
Section 289 – Calculation of balancing allowances and balancing charges in certain cases [TCA 1997 s 289] Section commentary
Section 290 – Option in case of replacement [TCA 1997 s 290] Section commentary
Section 291 – Computer software [TCA 1997 s 291] Section commentary
Section 291A – Intangible assets [TCA 1997 s 291A] Section commentary
Section 292 – Meaning of "amount still unallowed" [TCA 1997 s 292] Section commentary
Section 293 – Application to partnerships [TCA 1997 s 293] Section commentary
Section 294 – Machinery or plant used partly for non-trading purposes [TCA 1997 s 294] Section commentary
Section 295 – Option in case of succession under will or intestacy [TCA 1997 s 295] Section commentary
Section 296 – Balancing allowances and balancing charges: wear and tear allowances deemed to have been made in certain cases [TCA 1997 s 296] Section commentary
Section 297 – Subsidies towards wear and tear [TCA 1997 s 297] Section commentary
Section 298 – Allowances to lessors [TCA 1997 s 298] Section commentary
Section 299 – Allowances to lessees [TCA 1997 s 299] Section commentary
Section 300 – Manner of making allowances and charges [TCA 1997 s 300] Section commentary
Section 301 – Application to professions, employments and offices [TCA 1997 s 301] Section commentary

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