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Legislation
Capital Allowances Act 2001

Chapter 6 Writing-down allowances

  • Section 309 Entitlement to writing-down allowance
  • Section 310 Basic rule for calculating amount of allowance
  • Section 311 Calculation of allowance after sale of relevant interest
  • Section 312 Allowance limited to residue of qualifying expenditure
  • Section 313 Meaning of “the residue of qualifying expenditure”
  • Section 313A Calculation of allowance after sale of relevant interest: anti-avoidance
  1. Chapter 6 · Writing-down allowances
  2. Meaning of “the residue of qualifying expenditure”

Section 313 | Meaning of “the residue of qualifying expenditure”

From legislation.gov.uk

The residue of qualifying expenditure is the qualifying expenditure that has not yet been written off in accordance with Chapter 8.F1

Notes

  1. F1

    Pt. 3 omitted (with effect in relation to chargeable periods beginning on or after 1.4.2011 for corporation tax purposes and 6.4.2011 for income tax purposes in accordance with ss. 84(1)(3)(4), 85, 86 of the amending Act) by virtue of Finance Act 2008 (c. 9), s. 84(2) (with Sch. 27)

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