Offer Type
Offered
Condition
New
Claiming your Structure and Buildings Allowance can prove difficult unless certain documentation is present for HMRC. You must have an allowance statement which proves information to identify the structure, such as address and description, the date of the earliest written contract for construction, the date that you started using the structure for a non-residential activity and the total qualifying costs.
The legislation itself appears to be extremely complicated and HMRC has added to this confusion after releasing more than 90 pages of guidance. In simple terms, getting a HMRC Tax Specialist will save you thousands of pounds in tax, and legitimately too.