# The Energy-Saving Items (Deductions for Expenditure etc.) Regulations 2004, Note: Explanatory note


(This note is not part of the Regulations)
Section 31A(13) of the Income and Corporation Taxes Act 1988 (c. 1) (“the Act”), inserted by section 133 of the Finance Act 2004, provides that the Treasury may make regulations providing for the apportionment and restriction on the amount of a deduction for expenditure which may be claimed by landlords in respect of energy-saving items, where such expenditure is incurred in the course of a Schedule A business.
Section 31B(10) of the Act provides that these Regulations may have effect before the date on which they are made.
These Regulations set the maximum amount of expenditure to £1500 per building per tax year (regulation 2). They also provide the conditions for the deduction, and for a just and reasonable apportionment of an allowable deduction for such expenditure where the building in question, or parts of it, are jointly owned or owned in common (regulation 3). They further provide an appeal mechanism where apportionment between claimants is in issue (regulation 4).
These Regulations do not impose new costs on business.

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Source: https://www.legislation.gov.uk/uksi/2004/2664/note (the official version)
Page: https://openlegislation.uk/energy-saving-items-deductions-for-expenditure-etc-regulations-2004/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.