Carousel_Arrow Chat icon_cookie IHT_trust_wills IR35 Combined Shape 2 Group 10 Login Mobile Menu Share Share Email SubMenuMobile Group 9 VAT View_Gallery View_List capital_allow Triangle 2 Copy Close construction cyberpro employment_tax_shares emplyer_solutions entrepreneurs_corps fee_protect Group 7 grant_fund Group i_Clock i_Consult i_Done i_Eligibility_Tick i_Enter i_Filter i_HMRC i_Negative i_Play i_Plus i_Reset i_Support_Legal i_Support_TaxDesk i_Support_VAT i_Tick noun_marketing_1872083 noun_online_2126759 i_download i_meet Group Copy 24 Group 18 noun_electrical_1240755 copy noun_Technology_2125422 noun_Science_2031115 i_tick_bullet_block international_tax patent_box private_client property_sdlt r_and_d reliefs_incentives Search specialist_tax status tax_indemnity valuation
Markel Tax

29 Oct 2018

Autumn Budget 2018 – Capital allowances on the cost of altering land for the purpose of installing plant and machinery

Capital allowances are available to businesses that incur expenditure in altering land to install qualifying plant and machinery.

Capital allowances will not be available to businesses who incur costs on altering land to install plant and machinery unless the plant and machinery being installed itself qualifies for capital allowances.

Businesses will not be able to claim capital allowances on alterations of land unless they are able to claim capital allowances on the related plant.

Next article in series

29 Oct 2018

Our comprehensive Autumn Budget 2018 review