Capital Allowances Act 2001 (Cars Emissions) (Amendment)

This Order came into force on 3 August 2017 and applies to England, Scotland, Wales and Northern Ireland.

It amends the Capital Allowances Act 2001 (Cars Emissions) Order SI 2016/984 to specify when a change in the capital allowances main rate threshold for low emissions cars will apply for the purposes of the car lease rental restriction for income tax and corporation tax.

Legislative background

The Capital Allowances Act 2001 (Cars Emissions) Order SI 2016/984 amended the Capital Allowances Act 2001. That Act sets out the conditions to qualify for main rate allowances in respect of cars with low carbon dioxide emissions, and the introduced amendment reduced the qualifying emissions threshold from 130 grams to 110 grams per kilometre driven, in relation to expenditure incurred on or after 1 April 2018.

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