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Are capital allowance available for purchase of plant in property income?

This topic has 1 reply, 2 voices, and was last updated 3 years ago by JillyB.

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November 10, 2022 at 12:01 pm #671183
sidhumoosewala295
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In property income, do we have a choice to claim capital allowance or deduct the expense for plant and machinery against property income, if it is acquired for maintenance?
And for confirmation, if plant is acquired for improvements, we can only claim capital allowance right?
Thanks
November 12, 2022 at 12:52 pm #671310
JillyB
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- Topics: 0
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Property capital allowances may allow you to buy plant and machinery for improvements however this is rare and i have never seen a question that includes this.
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