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Capital Allowances on leasehold improvement

Claire 22
Posts: 7
Joined: Wed Aug 06, 2008 3:07 pm

Postby Claire 22 » Wed Feb 25, 2004 8:36 am

If we make improvements to our office building such as painting ,decorating and the installation of unmovable partitioning etc can we get capital allowances on any of it or can we get relief through the profit and loss account?

Ian McTernan CTA
Posts: 1197
Joined: Wed Aug 06, 2008 3:02 pm
Location: Putnoe, Bedford
Contact:

Postby Ian McTernan CTA » Wed Feb 25, 2004 2:57 pm

Possibly yes to both- it is worth employing a capital allowances expert if the costs are greater than £10,000 to ensure you get the maximum claim.

Ian McTernan CTA
McTernan Associates Ltd
Chartered Tax Advisers
ian@imcternan.com
McTernan Associates Ltd
Chartered Tax Advisers
Bedford
Email through link on website:
http://www.imcternan.com


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