HMRC manual changes: 24 May 2024

Direct taxes

Manual	Page	Comments
Capital Allowances Manual	Updated: CA23085	Updated examples on Annual Investment Allowance (AIA) qualifying expenditure as well as new wording on Partial AIA claims. This confirms that businesses can claim the AIA for part of the cost of an asset and claim a first-year allowance (if available) for the remaining cost or pool the remaining cost for WDAs.
	Updated: CA90350	Updated example within guidance on the application of the structures and buildings allowance (SBA) to parts of a building in particular when expenditure on construction of part of a building is incurred at different times.
Construction Industry Scheme Reform Manual	Updated: CISR42020	Amended guidance in respect of the application form for registering a subcontractor ...

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Direct taxes

Manual	Page	Comments
Capital Allowances Manual	Updated: CA23085	Updated examples on Annual Investment Allowance (AIA) qualifying expenditure as well as new wording on Partial AIA claims. This confirms that businesses can claim the AIA for part of the cost of an asset and claim a first-year allowance (if available) for the remaining cost or pool the remaining cost for WDAs.
	Updated: CA90350	Updated example within guidance on the application of the structures and buildings allowance (SBA) to parts of a building in particular when expenditure on construction of part of a building is incurred at different times.
Construction Industry Scheme Reform Manual	Updated: CISR42020	Amended guidance in respect of the application form for registering a subcontractor ...