F1PART 2ASTRUCTURES AND BUILDINGS ALLOWANCES
Annotations:
Amendments (Textual)
CHAPTER 2QUALIFYING EXPENDITURE
Meaning of “qualifying expenditure”
270BAMeaning of “qualifying expenditure”
In this Part “qualifying expenditure” means expenditure which—
a
is qualifying capital expenditure under any of sections 270BB to 270BE (expenditure on construction or purchase), and
b
is not excluded expenditure under—
i
section 270BG (acquisition or alteration of land),
ii
section 270BH (market value rule), or
iii
section 270BI (provision of plant or machinery).
Pt. 2A inserted (5.7.2019) by The Capital Allowances (Structures and Buildings Allowances) Regulations 2019 (S.I. 2019/1087), regs. 1, 2