Allowances and charges in respect of capital allowances are to be given or made1:
- Ìý
(a)ÌýÌýÌýÌý for income tax, in calculating income for a chargeable period, and
- Ìý
(b)ÌýÌýÌýÌý for corporation tax, in calculating profits for a chargeable period
Separate rules are provided for each code of allowances:
- Ìý
–ÌýÌýÌýÌý structures and buildings allowance (see B3.274)
- Ìý
–ÌýÌýÌýÌý plant and machinery allowances (see B3.380)
- Ìý
–
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