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Home / Simons-Taxes /Business tax /Part B3 Capital allowances /Division B3.10 Flat conversions /Flat conversions—other provisions / B3.1015 Writing off qualifying expenditure (including demolition costs)
Commentary

B3.1015 Writing off qualifying expenditure (including demolition costs)

Business tax

B3.1015 Writing off qualifying expenditure (including demolition costs)

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.

The 'residue of qualifying expenditure' is the amount of qualifying expenditure which has not been written

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