CA treatment of road & driveway surfacing

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matt_moore3098
matt_moore3098 Registered Posts: 1 New contributor 🐸
in Tax
Have a large £37k addition to "Site" this year for road & driveway surfacing - to what would I charge this amount to? It's not AIA as roads do not qualify as plant; it's not eligible for structure & buildings allowance; and it's not revenue expenditure as it is not upkeep of existing roads/driveways, and has already been agreed to be capitalised. Help!?

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  • douglasstroud
    douglasstroud Registered Posts: 295 Dedicated contributor 🦉
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    Where does this road and driveway lead too?
    Who has agreed it can be capitalised?
  • davealucas
    davealucas Registered Posts: 140 Dedicated contributor 🦉
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    @matt_moore3098 Yes, it is a capital investment and should be written down over the life expectancy of the surface. It would be classified as land.

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