Capital Allowances Act 2001

518 Overall limit on balancing chargeU.K.
This adran has no associated Nodiadau Esboniadol

(1)The amount of a balancing charge made on a person in respect of any qualifying expenditure attributable to a dwelling-house must not exceed the total amount of the relevant allowances made to that person.

(2)The relevant allowances” has the meaning given by section 517(8).