In a commercial premises, the new business tenant has had a new wooden floor installed to make the unit suitable as a dance studio.
Previously, half of the unit had a sprung wooden dancefloor but it was old and damaged. The other half of the unit had cheap laminate wood flooring installed by the previous tenant, which was also in a poor state of repair. Upon taking on lease of the premises, the new tenant had a new permanent wooden floor installed in the entire unit. It is the same colour wood as the original old wood dance floor, but now extends the entire length of the premises.
I understand that flooring does not meet the definition of “integral features” for capital allowances and cannot be claimed as Plant & Machinery. Is that correct?
And I understand that to be claimed as a Repairs expense, there is a "like for like" requirement? Given that the original flooring was part wood and part laminate, but the new floor is all wood, does that invalidate the "like for like" requirement and make this a disallowable expense? Or does the high quality of the new floor, replacing the especially shoddy old floor, define this as an "improvement" and therefore disallowable on those grounds?
Is there any way to get tax relief on this new dancefloor for a dance based small business?