½Û×ÓÊÓƵ

Each of the following is a qualifying activity for the purposes of plant and machinery allowances¹:

1. Ìý

   (a)ÌýÌýÌýÌý a trade²

2. Ìý

   (b)ÌýÌýÌýÌý a 'UK property business' prior to the abolition of the furnished holiday let rules in April 2025 – this was an 'ordinary UK property business' (see below)³

3. Ìý

   (c)ÌýÌýÌýÌý a 'UK furnished holiday lettings business' prior to the abolition of the furnished holiday let rules in April 2025 (see below)⁴

4. Ìý

   (d)ÌýÌýÌýÌý an ' overseas property business' prior to the abolition of the furnished holiday let rules in April 2025 – this was an 'ordinary overseas property business' (see below)⁵

5. Ìý

   (e)ÌýÌýÌýÌý an 'EEA furnished holiday lettings business' prior to the abolition of the furnished holiday let rules in April 2025 (see below)⁶

6. Ìý

   (f)ÌýÌýÌýÌý a profession or vocation⁷

7. Ìý

   (g)ÌýÌýÌýÌý a concern listed in ITTOIA 2005, s 12(4) or CTA 2009, s 39(4) (mines, gasworks, docks, markets, transport undertakings etc; see B5.651)⁸

8. Ìý

   (h)