Last edited 27 Jan 2022

Capital spending

Functional Standards Common Glossary, published by the Cabinet Office, defines capital spending, or capital investment as: ‘Spending on the purchase of assets (including buildings, equipment and land), above a certain threshold (set by the body concerned), which are expected to be used for a period of at least one year. Items valued below it are not counted as capital assets, even where they have a productive life of more than one year.’

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