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UK: Structures and buildings allowance; revised legislation and HMRC response

UK: Structures and buildings allowance

HM Revenue & Customs (HMRC) announced changes to the “structures and building allowance” (SBA) legislation due to be finalised later this summer. Revised legislation has also been published.


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The SBA regime was announced in October 2018 with immediate effect. HMRC on 17 June 2019 announced changes to the SBA legislation due to be finalised later this summer. This week’s announcements and publication of revised legislation confirm the SBA is on track. The changes appear to be relatively minor, and most of them appear to be helpful. Some areas of possible difficulty remain in which HMRC guidance will be critical.

This latest announcement includes a summary of responses to the draft legislation published in March 2019 and a revised draft of the legislation. HMRC will publish final legislation together with guidance later in the summer of 2019.

Read a June 2019 report prepared by the KPMG member firm in the UK

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