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Crafty renovations

By: Series: Taxation ; 154(3989) 6 January 2005, 320-321(2)Publication details: 2005Subject(s): Summary: Reviews the business premises renovation allowance, a government scheme aimed at rejuvenating business premises in designated disadvantaged areas. The allowance will provide 100% first year allowances for the capital costs incurred by businesses converting or renovating premises. No firm date has been given for the introduction of this scheme.

Reviews the business premises renovation allowance, a government scheme aimed at rejuvenating business premises in designated disadvantaged areas. The allowance will provide 100% first year allowances for the capital costs incurred by businesses converting or renovating premises. No firm date has been given for the introduction of this scheme.