New Grainstore - Industrial Buildings Allowance

anniem Registered Posts: 1,326 Beyond epic contributor 🧙‍♂️
If you build a new grainstore for a farming business, costing circa £400,000 - £500,000, does it qualify as an Industrial Building for IBA?

Are there any requirements about whether it needs to be a permanent structure or can be removable for IBA purposes?

There are no offices/staff facilities within the structure, it is purely for processing/storing grain.

FMAAT - AAT Licensed Member in Practice - Pewsey, Wiltshire
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