Details Annual Wear & Tear Allowance % Industrial buildings 4 Agricultural buildings 4 Commercial buildings 3 Hotel buildings 4 Machinery, plant and furniture 10 Machinery and equipment of agricultural and animal husbandry business 15 Computer hardware and operating software 20 Application software -Up to ₤1.000 -Over ₤1.000 100 33 1/3 Tools 33 1/3 Tractors, excavators, trenches, cranes, and bulldozers 25 Motor cars (except saloons) and motorcycles 20 New Cargo Ships 8 New Passenger Ships 6 Second hand cargo and passenger ships and additional expenditure The cost is written off over the expected useful life of the ship based on the certificates issued by the Shipping Registry Organization

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