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.
Rules for non-residential structures and buildings allowance amended
Shared by Accountancy Daily
Last Updated: 03 July 2019
Published: 03 July 2019
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 .
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