Company premises & IBA's available
baduk10
Registered Posts: 34 Regular contributor ⭐
The company I work for has been renting premises for the last 10 years. They have now decided to buy a commercial building rather than lay out further dead money. I though that maybe the company could have claimed IBA’s against the purchased property, but looking on the HMR&C website it looks as though IBA’s are being phased out now (April 2011). Does that mean that no allowances are now available?
Thanks in advance.
Thanks in advance.
0
Comments
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IBA has been phased out since 2008 (I think) and is no longer available from April 2011.0
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