CA22210 - Plant and Machinery Allowances (PMA): buildings and structures: demolition costs

CAA01/S26

This is how you deal with the net demolition costs of plant and machinery where its last use was for the purposes of a qualifying activity. Either:

  • add them to the cost of the new plant if the plant is replaced, or
  • add them to the qualifying expenditure for the chargeable period related to the demolition if the plant is not replaced.

»Ê¹ÚÌåÓýapp net demolition costs are the costs of demolition less any money received for the remains of the asset or any insurance receipts.