Where Taxpayers and Advisers Meet

Capital Allowances

Posts: 1
Joined: Thu Oct 30, 2008 12:46 pm

Capital Allowances

Postby NicNic » Tue Sep 26, 2017 6:51 am

Are Capital Allowances available to a Company on rental income on a Farming Estate for new fencing? The fencing was not there previously so it isn't a repair.


Posts: 2450
Joined: Sat Feb 01, 2014 3:26 pm

Re: Capital Allowances

Postby bd6759 » Thu Sep 28, 2017 8:15 pm

Captila allowances are given on plant and machinery. A fence is unlikely to qualify as plant, and may be specifically excluded because it is a structure.

Return to “Company Taxation”