Subscribe to our newsletter

Rules for non-residential structures and buildings allowance amended

HMRC has amended the compliance rules for a new capital allowance for non-residential structures and buildings (SBA) following consultation.

  • Shared by Accountancy Daily
  • July 03, 2019
share this article

Under the scheme, businesses that invest in new builds or renovations on or after 29 October 2018 will be able to claim tax relief at 2% a year on eligible costs. The legislation will be passed under statutory instrument and claims can be backdated.

Read more at Accountancy Daily

Receive the latest Financial Accountant news,
opinion and features direct to your inbox.

related articles