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Fixtures in Buildings – Proposed Rule Changes >

26th Jan 2012

Action may be required by property owners if they are to obtain the maximum available tax relief on their expenditure on a building ...

For many years, a property owner has been able to make a claim for tax relief for expenditure on fixtures as long as this relief had not previously been claimed by them. There was no time limit for the claim. Fixtures for this purpose are items such as heating and air conditioning systems, electrical systems, plumbing and units in kitchens, toilets and other similar items.

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