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Home / Simons-Taxes /Business tax /Part B3 Capital allowances /Division B3.11 Business premises renovation /Further provisions / B3.1115 Business premises renovation—writing off qualifying expenditure
Commentary

B3.1115 Business premises renovation—writing off qualifying expenditure

Business tax

B3.1115 Business premises renovation—writing off qualifying expenditure

Balancing adjustments and, to some extent, writing-down allowances, depend on the residue of qualifying expenditure at a particular time. It is the qualifying expenditure which has not been written off in accordance with the rules described below1.

Initial allowances, if

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