Commentary

B3.1101 Introduction to business premises renovation

Business tax
Business tax | Commentary

B3.1101 Introduction to business premises renovation

Business tax | Commentary

Division B3.11     Business premises renovation

For updates affecting this Division please see Part B0 Updates

Business premises renovation—general

B3.1101 Introduction to business premises renovation

Business premises renovation allowances ('BPRA') provide a 100% relief for capital expenditure on renovating or converting business property in designated areas of the UK which has been unused for at least one year1. It has effect for expenditure incurred after 10 April 20072. It was initially due to run for five years from that date or such longer period as the Treasury may prescribe by regulations3, and regulations were made which came into force on 11 April

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