20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for September 2025 exams.
Get your discount code >>

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

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

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
November 10, 2022 at 12:01 pm #671183
sidhumoosewala295
Participant
- Topics: 1
- Replies: 1
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
Keymaster
- Topics: 0
- Replies: 899
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.
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.