Work carried out to preserve the condition of land and property, plant and machinery, fixtures and fittings and so on. These are allowable tax deductions provided there is no element of improvement in the repair. If there is, the expenditure can be split between repairs and maintenance (allowable) and improvements (disallowable).
Found on
http://www.encyclo.co.uk/local/20949
Work carried out to preserve the condition of land and property, plant and machinery, fixtures and fittings and so on. These are allowable tax deductions provided there is no element of improvement in the repair. If there is, the expenditure can be split between repairs and maintenance (allowable) and improvements (disallowable).
Found on
https://www.encyclo.co.uk/local/20956
No exact match found.
