Skip to content
Solved
SearchBrowse
Sign in

Contents

Legislation
Capital Allowances Act 2001

Chapter 7 Writing off qualifying expenditure attributable to dwelling-house

  • Section 523 Introduction
  • Section 524 Writing off initial allowances
  • Section 525 Writing off writing-down allowances
  • Section 526 Writing off expenditure for periods when building not used as qualifying dwelling-house
  • Section 527 Writing off or increase of expenditure where balancing adjustment made
  • Section 528 Treatment of demolition costs
  1. Chapter 7 · Writing off qualifying expenditure attributable to dwelling-house
  2. Writing off initial allowances

Section 524 | Writing off initial allowances

From legislation.gov.uk

If an initial allowance was made under paragraph 1 of Schedule 12 to FA 1982 in respect of a qualifying dwelling-house, the amount of the allowance is written off at the time of the first use of the dwelling-house.

PreviousNext
PrivacyTerms