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CA23010 | Plant and Machinery Allowances (PMA): qualifying expenditure: general rule

From HM Revenue & Customs · Capital Allowances Manual

Expenditure on which PMAs are given is called qualifying expenditure.

These are the conditions that must be satisfied for expenditure to be qualifying expenditure for PMAs:

  • The expenditure is capital expenditure on the provision of plant or machinery wholly or partly for the purposes of a qualifying activity that the person incurring the expenditure carries on.

  • The person incurring the expenditure owns the plant or machinery as a result of incurring the expenditure.