CA92300 - Structures and buildings allowance (SBA): use: qualifying use for a property business

CAA01/S270CG

A building is treated as being used for the purposes of either a UK property business or an overseas property business and, therefore, potentially in qualifying use, during any period in which the person with the relevant interest is entitled to rents, or other receipts, in respect of the building. 

The entitlement to rents or other receipts may arise under the terms of a lease or otherwise.

바카라 사이트˜Rents바카라 사이트™ and 바카라 사이트˜other receipts바카라 사이트™ here have the same meaning as in ITTOIA05/S266 (바카라 사이트˜generating income from land바카라 사이트™) PIM1050. 

To be so treated, the rents or other receipts must be of amounts as may reasonably be expected between persons dealing with each other at arm바카라 사이트™s length in the open market.  This includes allowing for any customary and reasonable periods of reduced or nil rents as would be expected in transactions between persons acting at arm바카라 사이트™s length.