Corporation Tax Act 2009 section 60

Expenditure on integral features

Section 60 highlights the rule that prevents a tax deduction for certain expenditure on integral features of a building or structure.

• Expenditure on integral features of a building or structure may be disallowed as a trading expense deduction
• Integral features are defined in section 33A of the Capital Allowances Act 2001 and include items such as electrical and water systems, lifts, and heating and cooling systems
• This restriction exists because such expenditure may instead qualify for capital allowances rather than being treated as a revenue deduction
• The same restriction applies to property income under a corresponding rule in section 263 of the Corporation Tax Act 2009