A New Tax Relief for Expenditure on Structures and Buildings

A New Tax Relief for Expenditure on Structures and Buildings

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?

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...