Tax on an open ervan

Posted 8 February 2016 under Tax Q&A
Nien says:
6 February 2016 at 15:32

Can I deduct capital allowance from an open ervan, and deduck 20% on first year and 4% for the coming years?

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TaxTim TaxTim says:
8 February 2016 at 7:38

No capital allowances are deductible on land - only actual cost incurred on constructing the building.