![\"MTCSS](\"http:\/\/202.129.196.132\/mtcss\/wp-content\/uploads\/2020\/03\/MTCSS-Request-A-Quote1.png\")
<\/a><\/center><\/p>\nDo Cold Rooms Qualify For Capital Allowances?<\/h4>\n
When considering whether cold storage rooms<\/a> are eligible for capital allowances, it is necessary to distinguish between these assets and cold stores. The question is whether the structure can exist independently as a building (if any machinery or equipment is removed) or whether it fulfils specific criteria to be designated as a type of fridge; only cold stores are classified by HMRC as \u2018plant and machinery\u2019.<\/p>\n Therefore, a cold room<\/a> that is positioned within a larger building would be classified as \u2018plant and machinery\u2019 as it is a key asset necessary for the operation of the business and would qualify for capital allowances. The building itself that houses the refrigeration equipment would not.<\/p>\n The definition of a cold store was tested in the case of Ellerker v Union Cold Storage Co. Ltd, in which it was determined that a building that contained machinery for making ice could be classified as a \u2018mill\u2019 \u2013 a building where goods are treated or processed by machinery. Because the machinery could be removed and the building could, therefore, be used independently for other purposes, it would not qualify for capital allowances.<\/p>\n If you\u2019re planning to install a cold room on your premises, remember that you could claim capital allowances to relieve the burden of tax on your business \u2013 so long as the cold storage room fulfils the definition established by HMRC. At MTCSS we can advise about the range of cold rooms available to ensure they meet the needs of your business, so feel free to get in touch for more information.<\/p>\n When you\u2019re running your own business, it\u2019s worth taking every little bit of help on offer. Capital allowances can be claimed when you purchase essential assets that you use regularly in your business, including machinery, equipment, and vehicles. These are classed as \u2018plant and machinery\u2019, the cost, or partial cost, of which can be deducted […]<\/p>\n","protected":false},"author":3,"featured_media":12083,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[95],"tags":[93,114,115],"_links":{"self":[{"href":"http:\/\/202.129.196.132\/mtcss\/wp-json\/wp\/v2\/posts\/12082"}],"collection":[{"href":"http:\/\/202.129.196.132\/mtcss\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/202.129.196.132\/mtcss\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/202.129.196.132\/mtcss\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"http:\/\/202.129.196.132\/mtcss\/wp-json\/wp\/v2\/comments?post=12082"}],"version-history":[{"count":7,"href":"http:\/\/202.129.196.132\/mtcss\/wp-json\/wp\/v2\/posts\/12082\/revisions"}],"predecessor-version":[{"id":12165,"href":"http:\/\/202.129.196.132\/mtcss\/wp-json\/wp\/v2\/posts\/12082\/revisions\/12165"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/202.129.196.132\/mtcss\/wp-json\/wp\/v2\/media\/12083"}],"wp:attachment":[{"href":"http:\/\/202.129.196.132\/mtcss\/wp-json\/wp\/v2\/media?parent=12082"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/202.129.196.132\/mtcss\/wp-json\/wp\/v2\/categories?post=12082"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/202.129.196.132\/mtcss\/wp-json\/wp\/v2\/tags?post=12082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
Ellerker v Union Cold Storage Co. Ltd 22TC195<\/h4>\n
Easing The Burden On Your Business<\/h4>\n
![\"MTCSS](\"http:\/\/202.129.196.132\/mtcss\/wp-content\/uploads\/2020\/03\/MTCSS-Cold-Room-Quote-Long-CTA.png\")
<\/a><\/center>Image source: PxHere<\/a><\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"