Sprayer 1
Member
- Location
- Tarporley, Cheshire.
The way I read it, you can't put ready mix concrete against tax, but if you buy cement, sand and grave and mix it yourself , you can. Is this correct?
Is concrete tax deductible?
- Thread starter Sprayer 1
- Start date
Goweresque
Member
- Location
- North Wilts
Surely it depends what you're doing with it?
Concrete where there was no concrete before = capital item=not allowable against tax, replacing existing concrete = repairs=allowable against tax.
Concrete where there was no concrete before = capital item=not allowable against tax, replacing existing concrete = repairs=allowable against tax.
Nearly
Member
- Location
- North of York
'resurfacing farmyard'
Sprayer 1
Member
- Location
- Tarporley, Cheshire.
I would like to concrete a yard that has been road scalping for years. Could this be classed as repairs?
Goweresque
Member
- Location
- North Wilts
No really by the letter of tax law, if you are putting concrete down where it was just hardcore before thats an improvement and counts as a capital item. Now I'm sure there would be lots of people who would be prepared to swear blind to their accountant that there was some ratty old concrete there that was 'replaced'
fieldfarmer
Member
Surely there was a very thin layer of concrete on top of said scalping that you have now re laid to a deapth more suitable for modern heavy equipment.
.
Tarw Coch
Member
- Location
- Bottom of Wats Dyke
Isn’t repairs supposed to be like for like, so technically if a thin layer of concrete before, should be same again .Surely there was a very thin layer of concrete on top of said scalping that you have now re laid to a deapth more suitable for modern heavy equipment.
Of course anyone with any sense would puit down thicker next time, if it’s broke up it obviously wasn’t up to the job and machinery is only getting bigger.
Dad allways used to say 4inches was more than enough..............he was wrong
Worse still it was under forty quid a cube back then 
Exfarmer
Member
- Location
- Bury St Edmunds
£40 I remember £2.50!Isn’t repairs supposed to be like for like, so technically if a thin layer of concrete before, should be same again .
Of course anyone with any sense would puit down thicker next time, if it’s broke up it obviously wasn’t up to the job and machinery is only getting bigger.
Dad allways used to say 4inches was more than enough..............he was wrong
Tarw Coch
Member
- Location
- Bottom of Wats Dyke
I did say under 40..............just not how far
Exfarmer
Member
- Location
- Bury St Edmunds
If it was lad on a good base , there is plenty of slabs still solid. I believe most of the local air runways and their roads were no deeperI did say under 40..............just not how far
- Location
- Lorette Manitoba
would you be able to make two lease payments on said concrete then the following year a pound payout. Lease payments are 100% Tax deductible. all my grain bins sit on leased concrete and all written off in two years.
Sprayer 1
Member
- Location
- Tarporley, Cheshire.
I don't think you can pull the wool over anyones eyes these days , with the eye in the sky looking down.Not now that you have put it all over the internet
Plain steer
Member
I bet the tax man thinks us farmers are a right load of rough buggers with all these repairs we do
I'm gradually working my way through all the 4" concrete my father laid
Anywhere with high traffic gets 6" reinforced now
- Location
- Co antrim
Our silo floor needs replaced. Its wore thin to around 2 inches deep. I take it silage effluent eats the concrete as it woulda started out deeper than that
Exactly the same here,my father would never lay concrete at 6 inches so now i am having to do it.I'm gradually working my way through all the 4" concrete my father laid
Tarw Coch
Member
- Location
- Bottom of Wats Dyke
Don’t know about Ireland but here silage pits are classed as part of plant and machinery so has the same tax relief
- Location
- SW Scotland
Is tax going to be an issue this year anyway, once you've bought your fertiliser and fuel...
Plain steer
Member
Grey fergie,s were never renowned for cracking concrete too be fair