Alms and the taxman
Series: Housing Today ; (237) 7 June 2001,Publication details: 2001Subject(s): Summary: Explains the consequences for registered social landlords of the withdrawal of statutory concession ESC/B4, which created an exception to the rule that repairs which significantly improve property are considered capital expenditure and therefore not deductible. Focuses mainly on the result that the withdrawal of ESC/B4, which made 'notional repairs' tax deductible, has created a disincentive for non-charitable RSLs to upgrade their tenants' homes. Also looks at key issues in the Housing Corporation's and the Charity Commission's joint protocol.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | X113068 (Browse shelf(Opens below)) | 1 | Available | 113068-1001 |
Explains the consequences for registered social landlords of the withdrawal of statutory concession ESC/B4, which created an exception to the rule that repairs which significantly improve property are considered capital expenditure and therefore not deductible. Focuses mainly on the result that the withdrawal of ESC/B4, which made 'notional repairs' tax deductible, has created a disincentive for non-charitable RSLs to upgrade their tenants' homes. Also looks at key issues in the Housing Corporation's and the Charity Commission's joint protocol.