A New Tax Relief for Expenditure on Structures and Buildings

A New Tax Relief for Expenditure on Structures and Buildings

3 Dec 2019 | Taxation

In recognition of the need to incentivise businesses to invest in the creation of new assets in the current economic uncertainty, the government has introduced a new capital allowance called structures and buildings allowance (SBAs).  The essence of which is to enable...
A 50 year relief?

A 50 year relief?

6 Apr 2019 | Taxation

Is this a new capital allowance to celebrate?  A fanfare accompanied the announcement on 29th October 2018 of a new capital allowance on expenditure on commercial building and structures. Although the final legislation is pending, we know that the new Structures and...