Industrial Building Allowances (IBAs)/Hotel Allowances

IBAs are available for expenditure incurred on buildings where certain trades are conducted. Before 2008, the relief was 4% per annum on a straight line basis, but following a major Treasury review, this figure will reduce by 1% each year until the allowance is withdrawn in 2011.

The phased withdrawal of IBAs is likely to have a substantial impact on planned and ongoing investments in the hotel and manufacturing sectors.

Contact us, and we can help you minimise the impact of this outgoing relief.