FIXTURES AND FITTINGS WITHIN A BUILDING

Fixtures and fittings that qualify for capital allowances.

Didn't find your answer?

Does anyone have a link to a web page showing a very detailed list of what is classed as fixtures and fittings within a building. 

Thanks for any help.

 

 

 

Replies (4)

Please login or register to join the discussion.

DougScott
By Dougscott
13th Apr 2024 23:43

Try googling furnished holiday lets, fixtures and fittings claims. Practically everything that is not the structure of the building or rooves, windows and doors can be fixtures and fitttings - heating system, electrics, plumbing, drainage, rtc.

Thanks (1)
avatar
By David Ex
14th Apr 2024 10:48
Thanks (1)
avatar
By DKB-Sheffield
14th Apr 2024 10:56

Starting point is clearly s21-s23 CAA 2001 (including list A to C).

For commentary and discussion, Claritax have produced a couple of good (easy read) books on CAs including an A-Z of P&M - not a definitive list, but a startinb point. I think Bloomsbury have similar guides.

The issue, however, is less likely to be identifying tax treatment of the assets, than identifying (and valuing) the assets themselves. I am assuming this is an existing building with embedded assets - and that you are not dual qualified as a surveyor.

Thanks (1)
Replying to DKB-Sheffield:
avatar
By mrwmark
14th Apr 2024 11:48

Thanks for taking the time to reply. I have assumed the following :-

FIXTURES AND FITTINGS

Rewire and labour.
Door and window handles plus locks.
New boiler and radiators with all the minor plumbing parts and labour charge.

BUILDING COSTS

New internal doors
New external windows and doors.

Regards.

Thanks (0)