Commentary

B3.345 Plant and machinery allowances—integral features

Business tax
Business tax | Commentary

B3.345 Plant and machinery allowances—integral features

Business tax | Commentary

B3.345 Plant and machinery allowances—integral features

Allowances are available for expenditure incurred by a person carrying on a qualifying activity on the provision or replacement of an integral feature of a building or structure used by him for the purposes of the activity1. If it would not otherwise be the case, such expenditure is treated as capital expenditure on plant or machinery for the purposes of the qualifying activity which, as a consequence of incurring it, is owned by the person who incurred it2 (ie unless subject to an exclusion it is treated as qualifying expenditure).

Integral features are defined3 as:

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