Taxes Consolidation Act 1997 section 350A

Provision against double relief

Section 350A prevents the same capital expenditure, other expenditure or rent from qualifying for relief under more than one provision of the Tax Acts where relief has already been given under this Chapter.

• Applies to capital expenditure, other expenditure and rent incurred or payable in respect of buildings, structures, premises or multi-storey car parks.
• Where relief has been granted under any provision of this Chapter, no further relief is available under any other provision of the Tax Acts for the same item.
• The rule prevents the same outlay from generating tax relief twice.
• It applies across the various incentive reliefs contained within the Chapter.