Capital Allowance – Thermal insulation of a business building

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September 6, 2015 at 12:43 am #270002
missintelligient
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With reference to practice question 11 (Carl) from the lecture notes provided, does Thermal Insulation of a business building falls under AIA in the capital allowance computation? Isn’t this WDA (Special Rate Pool) item?
Please explain. Thank you
September 6, 2015 at 1:39 pm #270059
Tax Tutor
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We allocate AIA firstly to qualifying expenditure that would fall into the special rate pool. WDA would only then be available on any remaining expenditure. The thermal insulation is eligible for AIA.
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