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    Corporation tax - Capital allowances - Types of asset - Plant and machinery or buildings - 4300

    In order to clarify whether certain items are plant or part of a building, statutory lists detailing buildings and structures which qualify for capital allowances were introduced. The lists are...

    Corporation tax - Capital allowances - Plant and machinery - Quantifying the expenditure - Additional costs - 4465

    Additional costs may include any of the following: - altering buildings incidental to the installation of plant and machinery for the purposes of the trade; - demolition of existing plant and machinery...

    Corporation tax - Capital allowances - Buildings - 5560

    Over the years there have been a number of allowances available for buildings. For expenditure incurred on or after 29 October 2018 a new structures and buildings allowance was introduced. The previous...

    Business taxes - Capital allowances - Structures and buildings allowance

    Structures and buildings allowanceThe new rate of tax deduction for the structures and buildings allowance (SBA) will apply from:1 April 2020 for businesses within the charge to CT; and6 April...

    Maximising capital allowances when moving premises

    If your business is relocating to another premises, there might be an opportunity to bag some extra tax deductions or use them as a factor to negotiate a better price. What’s involved?

    HMRC - no place to claim new SBA allowance

    HMRC - no place to claim new SBA allowance..Structures and buildings allowance (SBA). The new tax allowance for businesses that spend on building or improving structures used for their trade...

    Capital allowances election for fixtures in buildings

    Capital allowances election for fixtures in buildingsWhen a commercial building is sold the seller and the purchaser can agree to apportion part of the price to fixtures which qualify for capital allowances,...

    capital allowances for fixtures in buildings record

    Capital allowances for fixtures in buildings recordSince April 2014 it has been crucial for prospective buyers of second-hand commercial buildings to ensure that the seller has allocated their expenditure...

    8. Capital allowances for buildings and other structures

    8. Capital allowances for buildings and other structuresWe have already mentioned the special rules which allow you to claim CAs for structures and buildings used for R&D purposes, but there...

    9. Equipment attached to or used in buildings - Can a claim for CAs be made for a building?

    Can a claim for CAs be made for a building?Generally, no CAs claims can be made for the cost of a building incurred before 29 October 2018, but it may be possible to make a claim for the fixtures...