Claiming capital allowances for structures and buildings
If you build, buy or lease a structure and all construction contracts were signed on or after 29 October 2018, you may be able to claim tax relief.
Official website: gov.uk00
How to use the service
You must claim on your tax return . You’ll need an allowance statement for the structure. If you’re the first person to use the structure, you must create a written allowance statement before you can make a claim. Your allowance statement must include: information to identify the structure, such as address and description the date of the earliest written contract for construction the total qualifying costs the date that you started using the structure for a non-residential activity If you buy a used structure, you can only claim the allowance if you get a copy of the allowance statement from a previous owner. For any extensions or renovations that were completed after you started using the structure, you can record separate construction costs on the allowance statement or create a new allowance statement. You’ll need to keep information about the earliest construction contracts in your records. You can use things like formal contracts, emails or board meeting notes.
Processing time
You can claim for the whole of the allowance period, starting from the later of: the date that the structure comes into non-residential use the day on which the qualifying expenditure is incurred You can continue claiming the structures and buildings allowance for the rest of the allowance period if: you buy a structure from another person who has already claimed you use the structure for a qualifying activity the structure is out of use following a period in which you used it for a qualifying activity
Official source
Claiming capital allowances for structures and buildings
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