1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136 
Q How have the depreciation allowances for commercial vehicles changed recently and what is the present position?
19th April 1968, Page 83
19th April 1968
Page 83
Page 83, 19th April 1968
— Q
How have the depreciation allowances for commercial vehicles changed recently and what is the present position?
Close
Noticed an error?
If you've noticed an error in this article please click here to report it so we can fix it.
If you've noticed an error in this article please click here to report it so we can fix it.
A Dealing first with initial allowance, this
was at the rate of 20 per cent from 1946 to 1949, then 40 per cent to 1952. For the year 1952/53 no allowance was made, after which the 20 per cent allowance was restored until April 15 1958, when it was increased to 30 per cent, which still continues to apply.
Throughout this period from 1946 to the present date the annual allowance has remained at 25 per cent. Investment allowances for new vehicles were discontinued from January 16 1966.