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Capital Allowances question

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Joined: Wed Aug 06, 2008 3:30 pm

Postby mandyk2 » Tue Jun 12, 2007 6:16 am

Can anyone advise if capital allowances can be claimed on:

Roller shutters installed by a tenant on a shop (that could technically be sold separately when the tenancy ends)

The costs of building an interactive website


Simon Sweetman
Posts: 1690
Joined: Wed Aug 06, 2008 3:11 pm

Postby Simon Sweetman » Tue Jun 12, 2007 10:56 pm

I should say that a claim for removable roller shutters ought to qualify (but be prepared to argue).

HMRC practice is to allow capital allowances on website construction.

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Joined: Wed Aug 06, 2008 3:36 pm

Postby Daniya » Wed Jun 13, 2007 12:48 am

In simple "YES"

You (tenant) will be able to claim the FYA (50%) in the first year and 25% WDA in the 2nd year and so on.

This item will be included in the Fixtures and fittings.

There is no argument as to the CA's, even with HMRC. If HMRC argue ( which i am 100% sure wont)the inspector better have a good reason, which will be rubbish.

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