Fill in your details below

Main Pool Allowances

Main Pool Allowances apply to assets considered to be plant and machinery items. These assets typically include fixtures, fittings, furniture, machinery, and other items listed in the Capital Allowances Act 2001 (CAA 2001) List C. Taxpayers can claim a writing down allowance of 18% per year on the cost of these assets.

Structures and Buildings Allowances

Introduced in October 2018, Structures and Buildings Allowances (SBA) allow taxpayers to claim a straight-line allowance of 3% per year on qualifying structural works. These works can include structural changes to ceilings, walls, and floors, as well as external works.

Structures and Buildings Allowances have to be deferred until the building has been brought into non-residential use following the construction works.

When claiming Structures and Buildings Allowances an SBA statement containing specific details about the expenditure and the property must be held and passed on to future buyers to transfer the structures and buildings allowances at the point of sale.

Special Rate Allowances

Special Rate Allowances are applicable to assets classified as Integral Features. These include assets such as lifts, escalators and moving walkways, hot and cold-water systems, heating, ventilation, and air conditioning units, electrical systems and lighting, solar panels, and thermal insulation. Taxpayers can claim a writing down allowance of 6% per year on the cost of these assets.