Special Rate Pool (“SRP”) Print

Expenditure incurred on the following items on which capital allowances are claimed must be included within the SRP:

Expenditure on long life assets;

Thermal insulation within a building;

Integral features within a building;

Cars with CO2 emissions exceeding 130gm/km acquired on or after 6 April 2013 where there is no restriction for private use.  Prior to 6 April 2013 the CO2 emissions limit was 160gm/km.

The rate of WDA claimable from April 2012 is 8% on a reducing balance basis.

Integral features within a building include any of the following items:

Electrical systems (including lighting systems);

Cold water systems;

Space or water heating systems, powered systems of ventilation, air cooling or air purification, and any floor or ceiling comprised in such a system;

Lifts, escalators or moving walkways;

External solar shading.

The rates of WDA assume that the relevant accounting period is a full year. Where the accounting period is a period other than a year, the rate of WDA is adjusted on a pro-rata basis either up or down, to reflect the actual length of the accounting period.

Where expenditure is incurred on plant and machinery within the SRP this should so far as possible be the expenditure on which the Annual Investment Allowance (“AIA”) is claimed to maximise the reliefs due. AIAs

cannot be claimed on expenditure on cars included within the SRP.

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