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

HMRC internal manual

Capital Allowances Manual

From
HM Revenue & Customs
Updated
, see all updates

Dredging: Pre-trading expenditure and expenditure incurred before premises are occupied

CAA01/S486

Treat capital expenditure incurred on dredging for a qualifying trade before the qualifying trade begins as incurred on the day that the trade begins.

Treat capital expenditure incurred on dredging in connection with a dock or other premises as incurred on the first day on which:

  • the person both carries on the qualifying trade, and
  • the dock or other premises are occupied.