Capital Allowances – Demolition Costs

Capital Allowances: Demolition Costs

The costs of demolition may qualify for capital allowances in accordance with Section 26 CAA2001.  No capital allowances are available for the costs relating to demolishing building structure, i.e. concrete, steelwork.  However the costs relate to demolishing plant and machinery is deemed to be qualifying for capital allowances.  The costs of the […]