BPRA and S198 election

BPRA and S198 election

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Client company has recently acquired new commercial premises in assisted area.

Renovation works should qualify for 100% relief under BPRA scheme

Minor interest in building is being sold to pension fund within 5 years so there will be a claw back which |I assume will be based on an apportionment. However I am wondering if it necessary to prepare a S198 election detailing all the fixtures or if is this effectively redundant on the basis that no future purchasers can benefit from the allowances under the scheme

Any opinions would be most helpful

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