Tax efficient partition walling
If you are thinking of reorganising, refitting or extending your premises, did you know that as from last April 2008 tax relief can be claimed on partitioning? Partitions are considered movable and not part of the building so come under the same eligibility for tax allowances as plant and machinery.
Expenditure for partitions is therefore allowable under the new annual investment allowance (AIA) which was introduced with the Finance Act 2008.
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