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Old rules pre FA 2014

Qualifying expenditure is defined as capital expenditure incurred on or in connection with the conversion or renovation of a 'qualifying building' (see B3.1103) into 'qualifying business premises' (see B3.1104), or on capital repairs incidental to such conversion or renovation². This appears to exclude repair expenditure on a non-qualifying building that is incidental to repairs to a qualifying building.

Expenditure is not qualifying expenditure if it is incurred on or in connection with³:

1. Ìý

   (a)ÌýÌýÌýÌý the acquisition of land or rights in or over land, accordingly the acquisition costs of the qualifying building itself, or a leasehold interest in it, are excluded

2. Ìý

   (b)ÌýÌýÌýÌý the extension of a qualifying building, except to the extent required for the purpose of providing a means of getting to or from qualifying business premises

3. Ìý

   (c)