(FA 2019, s. 30)

(In-Depth: ¶259-000)

The structures and buildings allowance (SBA) applies to qualifying expenditure incurred on or after 29 October 2018. The key features of the allowance are:

relief is given at a 3% flat rate over a 33.33-year period(1);

relief is available for new commercial structures and buildings, including costs for new conversions or renovations;

structures and buildings include offices, retail and wholesale premises, walls, bridges, tunnels, factories and warehouses;

relief is available for UK and overseas structures and buildings, where the business is within the charge to UK tax;

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