Pollution - UK
Enters into force - 1 November 2016
The Capital Allowances Act 2001 (Cars Emissions) Order 2016 amends the Capital Allowances Act 2001. The 100 percent first-year allowances for low CO2 emission cars expire on 31 March 2018 but period has been extended to 31 March 2021. It also amends the qualifying emissions threshold for enhanced capital allowances from 75 grams per kilometre driven to 50 grams per kilometre driven, and for main rate of capital allowances from 130 grams per kilometre driven to 110 grams per kilometre driven.