Beta This part of GOV.UK is being rebuilt – find out what this means

HMRC internal manual

Business Income Manual

From
HM Revenue & Customs
Updated
, see all updates

Specific deductions: repairs and renewals: maintenance of a technical library

The expenditure incurred by a professional person in maintaining a technical library for use in their profession may be allowed. The expenditure may include the cost of:

  • new editions of, and supplements to, books already owned,
  • replacements by new books of books rendered obsolete by extensive changes in the law, etc,
  • technical periodicals,
  • periodical parts of law reports, etc,
  • binding of supplements, periodicals, etc,
  • access to online materials or books etc. on DVD or CD.

The initial cost of establishing a technical library of books may qualify for capital allowances.