B3.1005 Qualifying flatsThese allowances are not available for expenditure incurred on or after 6 April 2013 (income tax) or 1 April 2013 (corporation tax). However, see B3.1012 for balancing adjustments which can still apply.'Qualifying flat' means a flat in respect of which the following requirements are met1: (a) the flat must be in a qualifying building; (b) the flat must be suitable for letting as a dwelling (disregarding any temporary unsuitability where previously suitable2); (c) the flat must be held for the purpose of 'short-term letting' (ie letting as a dwelling on a lease for a term (or, in
These allowances are not available for expenditure incurred on or after 6 April 2013 (income tax) or 1 April 2013 (corporation tax). However, see B3.1012 for balancing adjustments which can still apply.
'Qualifying flat' means a flat in respect of which the following requirements are met1:
(a) the flat must be in a qualifying building;
(b) the flat must be suitable for letting as a dwelling (disregarding any temporary unsuitability where previously suitable2);
(c) the flat must be held for the purpose of 'short-term letting' (ie letting as a dwelling on a lease for a term (or, in
**Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason.