Cafe Shop Taken over, can we claim capital allowances?

[Brsln2]

Hi

We bought an existing cafe shop which included fixed assets valued about £9,000 (fridge, freezers, cookers, tables etc).

I was wondering whether we can claim capital allowances on them.
The previous owners might have already claimed capital allowances on them. So is it right that we claim capital allowances as well?

Many thanks for your help.
Baz

 

[Bob]

No problem as even if previous owners claimed capital allowances they will have had a balancing charge on disposal. You can claim AIA on the assets assuming you are not connected with the vendor

 

[Brsln2]

Thanks bb
That makes sense, the previous owners would have had a balancing charge on disposal.
No, we are not connected with the vendor.
Thanks very much.