Capital Allowances Act 2001 section 284

Roads on industrial estates etc

Section 284 explains when roads on industrial estates and business parks qualify as industrial buildings for capital allowances purposes.

• A road on an industrial estate qualifies as an industrial building if the estate consists wholly or mainly of buildings treated as industrial buildings
• For qualifying enterprise zone expenditure, the definition of "industrial estate" is extended to include business parks and similar areas composed mainly of commercial buildings
• This means roads on business parks in enterprise zones can also qualify for industrial buildings allowances where the surrounding buildings are mainly commercial
• The provision broadens the scope beyond just estates used for qualifying trades to also cover estates with undertakings carried on by way of trade, qualifying hotels, and commercial buildings in enterprise zones