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STRUCTURE AND BUILDINGS ALLOWANCE FOR NON RESIDENTIAL PROPERTIES

Structure and buildings allowance for commercial properties in the UK

Structure and buildings allowance was introduced by HMRC for expenditure on the construction of non-residential structures and buildings. This relief is only available for expenditures incurred after the 29th of October 2018. THE TAX RELIEF FROM STRUCTURE AND BUILDINGS ALLOWANCE The relief that is given is a 2% straight-line allowance over a period of the […]