Commentary

B3.906 Writing-down allowances

Business tax
Business tax | Commentary

B3.906 Writing-down allowances

Business tax | Commentary

B3.906 Writing-down allowances

Assured tenancy allowances are not available for any expenditure incurred after 31 March 1992, see B3.901.

A person is entitled to a writing-down allowance for a chargeable period in respect of a dwelling house (or each dwelling house) where1:

  1.  

    (a)     qualifying expenditure has been incurred on a building;

  2.  

    (b)     that person is or has been an approved body;

  3.  

    (c)     at the end of that chargeable period, the building is or includes a qualifying dwelling house (or two or more qualifying dwelling houses); and

  4.  

    (d)     at the end of that chargeable period the person is entitled to the relevant

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