Flat conversion allowances
393A
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Capital Allowances Act 2001 Part 4A — FLAT CONVERSION ALLOWANCES
Chapter 1 — INTRODUCTION
Chapter 2 — QUALIFYING EXPENDITURE
Meaning of “qualifying expenditure”
393B
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Chapter 3 — QUALIFYING BUILDINGS AND QUALIFYING FLATS
Meaning of “qualifying building”
393C
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Meaning of “qualifying flat”
393D
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
High value flats
393E
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Chapter 4 — THE RELEVANT INTEREST IN THE FLAT
General rule as to what is the relevant interest
393F
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Interest acquired on completion of conversion
393G
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Chapter 5 — INITIAL ALLOWANCES
Initial allowances
393H
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Flat not qualifying flat or relevant interest sold before flat first let
393I
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Chapter 6 — WRITING-DOWN ALLOWANCES
Entitlement to writing-down allowances
393J
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Amount of allowance
393K
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Meaning of “the residue of qualifying expenditure”
393L
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Chapter 7 — BALANCING ADJUSTMENTS
When balancing adjustments are made
393M
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Balancing events
393N
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Proceeds from balancing events
393O
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Calculation of balancing adjustments
393P
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Chapter 8 — WRITING OFF QUALIFYING EXPENDITURE
Introduction
393Q
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Writing off initial allowances and writing-down allowances
393R
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Treatment of demolition costs
393S
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Chapter 9 — SUPPLEMENTARY PROVISIONS
Giving effect to allowances and charges
393T
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Apportionment of sums partly referable to non-qualifying assets
393U
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Provisions applying on termination of lease
393V
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Meaning of “lease” etc.
393W
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Back to Capital Allowances Act 2001 — full text
Provisions on this page are reproduced verbatim from official open data. See the attribution line.
Contains public sector information licensed under the Open Government Licence v3.0 (legislation.gov.uk).