As far as HM Revenue & Customs are concerned agricultural sheds and buildings are structures that do not qualify for any tax relief and this also applies to Poultry Sheds. However, there are circumstances under which you can get tax relief. This must be considered at an early stage in any Poultry Shed development.
It is possible to get tax relief on:
- Integral fittings such as electrical and cold water systems
- Energy saving or water conservation equipment
- Plant and machinery in the shed
- Moveable buildings intended to be moved in the course of the business.
If a contractor is engaged to complete the work it is very important to obtain invoices from the contractor showing the separate elements.
If the shed is moveable it is very important to be clear on the reason for needing a moveable building. This could be because it is a multi site operation or due to short term tenancies for example. You should also keep copies of all correspondence and documentation which demonstrates the intention to move the building.
This is quite a complex area but with careful planning the potential tax savings are substantial.
Please note: This article is a commentary on general principles and should not be interpreted as advice for your specific situation.