CA - Recent changes to this Manual
Below are details of the amendments that were published on 23 October 2006 (see the update index for all updates).
| Section | Title and details of the update |
| Contents | Capital Allowances
Manual: Main Contents.
Chapter CA90000 deleted from contents. |
| CA20000 | Plant and Machinery
Allowance (PMA): Contents.
New chapter CA23800 added to table of contents. |
| CA23000 | PMA: Qualifying
expenditure: Contents.
New page CA23090 added to table of contents. |
| CA23030 | PMA: Qualifying
expenditure: Change of use of asset.
Two new paragraphs beginning ‘There are special rules……….’. |
| CA23090 | PMA: Qualifying
expenditure: Expenditure for long funding lease.
New page. |
| CA23110 | PMA: FYA: Expenditure on
which available and rates.
Revised for FA06. |
| CA23160 | PMA: FYA: Expenditure
incurred by SMEs.
Revised for FA06. |
| CA23200 | PMA: Writing down
allowances (WDA) & balancing adjustments: Contents.
New page CA23290 added to table of contents. |
| CA23240 | PMA: WDA & balancing
adjustments: Disposal events.
Addition of seventh bullet and an example. |
| CA23250 | PMA: WDA & balancing
adjustments: Disposal values.
Addition of two rows starting with ‘commencement’ to the table. |
| CA23280 | PMA: WDA & Balancing
adjustments: Other provisions about disposal values.
Addition of new row concerning ‘disposal of plant subject to lease’. |
| CA23290 | PMA: WDA & balancing
adjustments: Disposal of plant subject to lease.
New page. |
| CA23310 | PMA: Hire purchase:
Notional ownership.
Revisions for FA06 including two new sub-headings – ‘Extra rules for lease purchase contracts’ and ‘Two or more agreements’. |
| CA23620 | PMA: Short life assets:
Meaning of short life asset.
First bullet expanded by addition of ‘including leasing under a long funding lease’. |
| CA23800 | PMA: Long funding leases:
Table of contents.
New chapter |
| CA24000 | PMA: Overseas leasing:
Contents.
New page CA24005 added to table of contents. |
| CA24005 | PMA: Overseas leasing:
Phasing out.
New page. |
| CA24300 | Overseas leasing: When no
allowances are due.
New final sub paragraph ‘chains of leases’. |
| CA26050 | PMA: Fixtures: Scope of
fixtures legislation.
New second paragraph beginning ‘There is an exception to this’. |
| CA26400 | PMA: Fixtures:
Restriction where previous PMA claim.
New second paragraph beginning ‘Note that…….’ Followed by a new example. |
| CA28400 | PMA: Anti-avoidance:
Outline of legislation and meaning of finance lease.
New final paragraph starting ‘There is one exception….’. |
| CA28450 | PMA: Anti-avoidance:
Restriction on qualifying expenditure.
Revised for FA06 by addition of new sub-section ‘Expenditure incurred on or after 1 April 2006’. |
| CA29040 | PMA: Partnerships and
successions: Election where predecessor and successor are
connected.
All new text starting with ‘When an election is made the following legislation does not apply’. |
| CA32310 | IBA: Qualifying trade:
Excepted use.
Final paragraph revised. |
| CA90000 | Old legislation (the way
it was): Contents.
Chapter deleted as obsolete. |
