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Home / Simons-Taxes /Business tax /Part B3 Capital allowances /Division B3.11 Business premises renovation /The allowances / B3.1111 Business premises renovation—writing-down allowances
Commentary

B3.1111 Business premises renovation—writing-down allowances

Business tax

A person is entitled to a writing-down allowance for a chargeable period if he has incurred qualifying expenditure (see B3.1102) in respect of a qualifying building (see B3.1103) and, at the end of the chargeable period:

  1. Ìý

    (a)ÌýÌýÌýÌý he is entitled to the relevant interest in the qualifying building (see B3.1105)

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