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Knowledge Bank >Business Tax >Capital Allowances
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05: Agricultural buildings

A writing-down allowance is available for the construction of farm and forestry buildings, cottages, fences and up to one third of the cost of a farmhouse. The allowance each year is 4% of the initial expenditure.

Agricultural buildings allowances are to be phased out in the same way as IBAs referred to above.

Contents

  • 01: Introduction
  • 02: What allowances are there?
  • 03: Plant and machinery
  • 04: Industrial buildings
  • 05: Agricultural buildings
  • 06: Flat conversion allowances
  • 07: Other allowances
  • 08: How we can help
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