CAA01/S33A, S33B and S104A

Meaning of ‘replacement’

This section of guidance explains how you decide if expenditure is expenditure on the replacement of an integral feature for the purposes of CAA01/S33A. If it is, the expenditure will count as special rate expenditure (CAA01/S104A) and will attract WDAs at the special rate (although the taxpayer may be able to claim the AIA instead) See CA22320.

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