Where Taxpayers and Advisers Meet

Tenants Improvements

bstock
Posts: 5
Joined: Sat Oct 09, 2010 10:52 am

Tenants Improvements

Postby bstock » Wed Nov 10, 2010 12:11 am

Client (partnership not limited company)recently spent £900 constructing a cafe in a large unit he rents.

Am I correct in assuming there are no tax reliefs he can claim against this as it is an improvement to the landlords property.

section 44
Posts: 3522
Joined: Thu Oct 30, 2008 12:47 pm

Re: Tenants Improvements

Postby section 44 » Wed Nov 10, 2010 12:03 pm

Capital allowances to the extent that it is expenditure on plant and machinery (including fixtures).


Return to “Income Tax”