Company FHL- availability of capital allowances

Company FHL- availability of capital allowances

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A company purchased a holiday let, which required some maintenance work to get back to a suitable standard.

During the year, they purchase various furniture- beds, sofa, white goods etc. However, as the property has not been let out in the year (nor advertised yet), no capital allowances are available, as FHL conditions havent been met.  Assuming that the property will meet the FHL criteria in the following year, how would I go about reclaiming these prior year costs? Or are they lost?

The company doesnt have any other FHL's, only residential properties (on which CA not claimed!)




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