{"id":1544,"date":"2016-10-14T10:36:36","date_gmt":"2016-10-14T10:36:36","guid":{"rendered":"http:\/\/www.bainesjewitt.co.uk\/blog\/?p=1544"},"modified":"2016-10-14T10:38:29","modified_gmt":"2016-10-14T10:38:29","slug":"time-is-running-out-to-claim-business-premises-renovation-allowance","status":"publish","type":"post","link":"https:\/\/www.bainesjewitt.co.uk\/blog\/time-is-running-out-to-claim-business-premises-renovation-allowance\/","title":{"rendered":"Time is running out to claim Business Premises Renovation Allowance"},"content":{"rendered":"<p>Business Premises Renovation Allowance (BPRA) will come to an end on 31 March 2017 for businesses and 5 April 2017 for individuals.<!--more--><\/p>\n<p>BPRA, which was launched on 11 April 2007, is a 100 per cent tax relief scheme for certain spending when you are converting or renovating unused qualifying business premises in a disadvantaged area.<\/p>\n<p><strong>What spending is qualified?<\/strong><\/p>\n<p>Most spending used to repair, renovate, or convert a building into business premises will qualify for 100 per cent tax relief.<br \/>\nThis includes:<\/p>\n<ul>\n<li>the cost of labour and materials<\/li>\n<li>architectural and design services (for example, the detailed design of the building and its future layout)<\/li>\n<li>surveying or engineering services<\/li>\n<li>planning applications<\/li>\n<li>and statutory fees and statutory permissions (for example, the costs of building regulation fees, or getting listed building consent).<\/li>\n<\/ul>\n<p><strong>What buildings are qualified?<\/strong><\/p>\n<p>Only commercial buildings or structures in a disadvantaged area that have stood empty for at least a year will qualify for tax relief.<\/p>\n<p>A list of disadvantaged areas in England and Wales can be found <u><a href=\"http:\/\/www.legislation.gov.uk\/en\/uksi\/2014\/1508\/made\" target=\"_blank\">here<\/a>. <\/u><\/p>\n<p>There are also certain industries which cannot apply for BPRA. This include fisheries, shipbuilding, and the coal mining industry, and the production of certain agricultural products.<\/p>\n<p>For more information on BPRA, contact us today.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Business Premises Renovation Allowance (BPRA) will come to an end on 31 March 2017 for businesses and 5 April 2017 for individuals.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"_links":{"self":[{"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/posts\/1544"}],"collection":[{"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=1544"}],"version-history":[{"count":2,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/posts\/1544\/revisions"}],"predecessor-version":[{"id":1547,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/posts\/1544\/revisions\/1547"}],"wp:attachment":[{"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=1544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=1544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=1544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}