Capital Allowances & Data Centres

By : July 25, 2016 Comments Off on Capital Allowances & Data Centres

Substantial capital allowances are available on the construction of data centres.   Up to 90% of expenditure on new build date centres, or higher, can potentially qualify for capital allowances.   The reason for this high level of allowances is that the buildings are normally quite simple enclosures containing vast amounts of mechanical and electrical plant. Types […]

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Claiming Capital Allowances and / or Repairs

By : July 6, 2016 Comments Off on Claiming Capital Allowances and / or Repairs

As acknowledged in HMRC’s Capital v Revenue Expenditure Toolkit, ‘there is no single, simple test that can be applied to decide which items are capital expenditure and which are revenue’ Differentiating between capital and revenue expenditure can be complex and in the absence of any definitive direction from HMRC, consideration has to be given to […]

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