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Capital Allowances Act 2001
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513When balancing adjustments are made
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(1)A balancing adjustment is made if—
(a)qualifying expenditure has been incurred on a building, and
(b)a balancing event occurs in relation to a dwelling-house comprised in the building while it is a qualifying dwelling-house.
(2)A balancing adjustment is either a balancing allowance or a balancing charge and is made for the chargeable period in which the balancing event occurs.
(3)A balancing allowance or balancing charge is made to or on the person entitled to the relevant interest in the dwelling-house immediately before the balancing event.
(4)No balancing adjustment is made if the balancing event occurs more than 25 years after the dwelling-house was first used.
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