Don’t Miss Out On Your Structures And Buildings Allowance

December 5, 2019

Money spent by a business after 29 October 2018 buying or improving their business premises qualify for the new Structures and Buildings Allowance.

The relief allows a business to claim 2% of the of the amount spent each year over a 50 year period against their taxable profits. So purchasing a property for £250,000 could attract a tax reduction of at least £1,000 per year.

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