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Legislation
Capital Allowances Act 2001

Chapter 3 Allowances and charges

  • Section 456 Pooling of expenditure
  • Section 457 Determination of entitlement or liability
  • Section 458 Amount of allowances and charges
  • Section 459 Available qualifying expenditure
  • Section 460 Allocation of qualifying expenditure to pools
  • Section 461 Unrelieved qualifying expenditure
  • Section 461A Unrelieved qualifying expenditure: entry to cash basis
  • Section 462 Disposal values
  • Section 462A Persons leaving cash basis
  • Section 463 Giving effect to allowances and charges
  1. Chapter 3 · Allowances and charges
  2. Available qualifying expenditure

Section 459 | Available qualifying expenditure

From legislation.gov.uk

A person’s available qualifying expenditure in a pool for a chargeable period consists of—

(a)any qualifying expenditure allocated to the pool for that period in accordance with section 460, and

(b)any unrelieved qualifying expenditure carried forward in the pool from the previous chargeable period under section 461.

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