Access full legislation.And much more.
By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.
- AI tax research with linked legislation and Finance Act changes
- Commentary, official guidance, publications and training material
- Case law, appeals and tribunal decisions in one place
Taxes Consolidation Act 1997 section 374
Capital allowances for cars costing over certain amount
Section 374 restricts the capital allowances available on motor vehicles where the cost of the car exceeds the specified amount, treating the specified amount (rather than the actual cost) as the relevant figure for wear and tear allowances, balancing allowances and balancing charges.
Access full legislation.And much more.
By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.