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CA50140 | MEA: Scope of Relief: Main conditions for relief

From HM Revenue & Customs · Capital Allowances Manual

The main conditions for relief are as follows:

  • The person carries on a trade of mineral extraction (as defined in CAA01/S394 - see CA50110 and CA50120), and

  • The expenditure is incurred for the purposes of that trade, and

  • The expenditure is qualifying expenditure within CAA01/S395 (see CA50200 onwards).