Capital allowances are available for property businesses under CAA 2001, s. 15, but for ordinary property businesses are restricted from applying to expenditure ‘in a dwelling-house’ by CAA 2001, s. 35. No such restriction applies to FHLs that meet the qualifying criteria (in ITTOIA 2005 or CTA 2009) with the exception of the structures and buildings allowances, as discussed below. However, if the qualifying criteria are not met, then the restriction would apply, so the meaning of dwelling-house is potentially of great significance if a property does not, or ceases to, qualify for any reason.

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