Part 2 Plant and machinery allowances

Chapter 10 Long-life assets

Expenditure excluded from being long-life asset expenditure

93 Fixtures etc.

(1)

Expenditure is not long-life asset expenditure if it is incurred on the provision of plant or machinery which is a fixture in, or is provided for use in, any building used wholly or mainly—

(a)

as a dwelling-house, hotel, office, retail shop or showroom, or

(b)

for purposes ancillary to the use referred to in paragraph (a).

(2)

In this section—

fixture” has the meaning given by section 173(1);

retail shop” includes any premises of a similar character where a retail trade or business, including repair work, is carried on.