Wooden flooring has been used instead of a carpet on the refurbishment of a building to be used as a cafe by the owners. Is there any chance of claiming capital allowances?
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Good question! Laminate wood planks on top of ply fitters,screed and adhesive per the invoice. I suppose that means they wont get capital allowances?
You may have missed my point
Floors (being a part of a building) do not qualify for capital allowances. If you want to claim capital allowances, I would make a point of describing it as wooden floor covering (as a substitute for carpet), rather than wooden flooring.
Point taken but........
I get what you are saying but should the Revenue look into it they will refer to the invoice.Can I still argue for covering especially when you refer to CA21230 or am I being too cautious?
CA21230
Seems to be about football grounds.
Carpet and carpet tiles are often glued to the floor and are accepted as plant.
At the other end of the scale, in Wimpy, floor tiles were treated as floor because they were permanently affixed to the floor.
Wooden floor covering falls somewhere in between the two, although it is generally regarded as a fixture, whilst carpet is not.
The screed will have been applied for the purpose of laying the floor covering and so all the costs are allowable if the floor covering is allowable.
I would go for it, but tell the client you might not get away with it.
Thanks for your advice
Thanks for your help there never seems to be a definitive answer regarding taxation. It's nice to be able to discuss an issue with someone. Thanks again