{
  "url": "https://openlegislation.uk/capital-allowances-act-2001/section-270HB",
  "json_url": "https://openlegislation.uk/capital-allowances-act-2001/section-270HB.json",
  "legislation": "ukpga/2001/2",
  "legislation_title": "Capital Allowances Act 2001",
  "legislation_url": "https://openlegislation.uk/capital-allowances-act-2001",
  "path": "section/270HB",
  "kind": "section",
  "number": "270HB",
  "heading": "... UK property businesses and ... overseas property businesses",
  "text": "If the qualifying activity of a person who is entitled to an allowance for a chargeable period is—\n(a) a UK property business, or\n(b) an ... overseas property business,\nthe allowance is to be given effect in calculating the profits of that business by treating the allowance as an expense of that business.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Pt. 2A inserted (5.7.2019) by The Capital Allowances (Structures and Buildings Allowances) Regulations 2019 (S.I. 2019/1087), regs. 1, 2"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Word in s. 270HB(a) substituted (for the purposes of corporation tax, in relation to accounting periods beginning on or after 1.4.2025 and, for the purposes of income tax, in relation to periods of account beginning on or after 6.4.2025) by Finance Act 2025 (c. 8), Sch. 5 paras. 8(17)(b), 12(3) (with Sch. 5 paras. 15, 18, 19)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Word in s. 270HB(b) omitted (for the purposes of corporation tax, in relation to accounting periods beginning on or after 1.4.2025 and, for the purposes of income tax, in relation to periods of account beginning on or after 6.4.2025) by virtue of Finance Act 2025 (c. 8), Sch. 5 paras. 8(17)(c), 12(3) (with Sch. 5 paras. 15, 18, 19)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Word in s. 270HB heading omitted (for the purposes of corporation tax, in relation to accounting periods beginning on or after 1.4.2025 and, for the purposes of income tax, in relation to periods of account beginning on or after 6.4.2025) by virtue of Finance Act 2025 (c. 8), Sch. 5 paras. 8(17)(a), 12(3) (with Sch. 5 paras. 15, 18, 19)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2001/2/section/270HB",
    "retrieved_at": "2026-10-29T09:20:17.739129+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}