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dilapidation

Is Dilapidations an opportunity for tax relief?

Is Dilapidation an opportunity for tax relief?

Financially, this year has been a little more difficult for businesses due to the Covid pandemic, and companies are starting to feel the pinch of months of lockdown, which is adding to financial pressures. Dilapidation is one of the many ways that existing assets can be used to reduce tax burdens on businesses.   Dilapidations …

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Dilapidation Protocols Explained

The Dilapidations Protocol was formally approved by the Court Rules on 1st January 2012 and is now Law in England & Wales.Dilapidations are violations of leases due to the condition of the property being leased, either during or at the end of the lease period. This may result from mistreatment of the property or inadequate …

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