For updates affecting this Division please see Part B0 Updates
Flat conversions: general
B3.1001 Introduction to flat conversions allowances
These allowances are not available for expenditure incurred on or after 6 April 2013 (income tax) or 1 April 2013 (corporation tax). However, see B3.1012 for balancing adjustments which can still apply.
FA 20011 introduced a scheme which enables property owners and occupiers to claim 100% capital allowances (known as flat conversion allowances) in respect of 'qualifying expenditure' (see B3.1003), incurred after 10 May 2001, on
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