CAA01/S29, which specifically provided capital allowances on required fire precautions, is repealed for expenditure incurred on or after -
•1 April 2008 (for corporation tax purposes) and
•6 April 2008 (for income tax purposes).
This means that expenditure incurred by a person carrying on a qualifying activity in taking required fire precautions on or after 1 April 2008 (CT) and on or after 6 April 2008 (IT) does not qualify for PMAs unless it qualifies under the normal rules.
Expenditure on required fire precautions incurred before 1 April 2008 (corporation tax) and before 6 April 2008 (income tax)
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