Lovell Consulting Commentary on March 2020 Budget: Capital Allowances Changes
The Chancellor, Rishi Sunak’s ‘get it done’ approach did not really extend to capital allowances. There was a modest lift to Structures and Buildings Allowances.
The capital allowances changes are below:
The Structures and Buildings Allowances was introduced in Finance Act 2019 to encourage the construction of new or renovation of existing non-residential structures and buildings. […]Read more