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Farm Business
Tenant Farming, Subsidies, BPS & Legal Issues
TAX on capital grant roofs?
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<blockquote data-quote="JCB_JCR" data-source="post: 7495573" data-attributes="member: 116538"><p>Does anyone know the TAX situation with countryside stewardship capital grants roofing slurry stores, etc?</p><p></p><p>I think I'm right in thinking that if we built a new shed we'd get taxed on the cost of it. Does this still apply to grant sheds? Accountant is giving us mixed messages and has confused us.</p><p></p><p>Do we get taxed on the £20,000 we received/spent on roofing our slurry store?</p><p>Cheers</p></blockquote><p></p>
[QUOTE="JCB_JCR, post: 7495573, member: 116538"] Does anyone know the TAX situation with countryside stewardship capital grants roofing slurry stores, etc? I think I'm right in thinking that if we built a new shed we'd get taxed on the cost of it. Does this still apply to grant sheds? Accountant is giving us mixed messages and has confused us. Do we get taxed on the £20,000 we received/spent on roofing our slurry store? Cheers [/QUOTE]
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Farm Business
Tenant Farming, Subsidies, BPS & Legal Issues
TAX on capital grant roofs?
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