Expenditure of the types defined below is treated as meeting the general conditions for plant and machinery allowances, provided such an allowance or a deduction in respect of the expenditure could not otherwise be made in calculating the income from the qualifying activity in question1.
For HMRC guidance on qualifying expenditure in relation to thermal insulation and personal security, see CA22220, CA22270.
Thermal insulation
Where a person is carrying on a qualifying activity other than a UK property business or an overseas property business2, expenditure carried out by them in insulating the building against loss of heat is regarded as expenditure incurred for the purposes of the activity in the provision of plant or machinery and as a result of which the plant or machinery is owned by that person. Prior to the abolition of the furnished holiday let rules from April 2025 these were described as ordinary UK or overseas property businesses to distinguish them from furnished holiday lets3. The expenditure
To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to Tolley+™ Research or register for a free trial
Web page updated on 17 Mar 2025 13:34