F1PART 2ASTRUCTURES AND BUILDINGS ALLOWANCES
Annotations:
Amendments (Textual)
CHAPTER 8GIVING EFFECT TO ALLOWANCES
Trades
270HATrades
If the qualifying activity of a person who is entitled to an allowance for a chargeable period is a trade, the allowance is to be given effect in calculating the profits of that person’s trade, by treating the allowance as an expense of the trade.
Pt. 2A inserted (5.7.2019) by The Capital Allowances (Structures and Buildings Allowances) Regulations 2019 (S.I. 2019/1087), regs. 1, 2