Business premises renovation

Business Premises Renovation Allowance (BPRA) came into effect on 11 April 2007. It enables companies which own or lease property in designated disadvantaged areas of the UK to claim tax relief on capital expenditure on the conversion or renovation of the property, to bring it back into business use.

There is an initial allowance of 100%. If the initial allowance is not claimed in full, then 25% writing down allowance is available on the balance.

BPRA should be claimed on the Fixed asset register, choosing Business premises renovation as the Capital allowance type.

Edit business premises renovation summarises the BPRA claimed. The only entries to be made on this page are Initial allowance not claimed and WDA not claimed.

Note: BPRA is not available for assets acquired after 31 March 2017.

How do I get here?

Assets> Capital allowances> Business premises renovation lists all assets entered in Fixed asset register identified as Business premises renovation at Type.

To open Edit Business premises renovation for an asset, highlight that asset on Business premises renovation and select Edit.