There are two broad categories of tax relief which are addressed in these measures and they apply equally to companies and to individuals. These are tax relief for residential rental accommodation, commonly known as section 23 type relief, and accelerated capital allowances in regard to the provision of a wider variety of buildings and structures. These allowances can be made over seven, ten and greater than ten year periods, depending on the circumstances. The third category of residential relief which applies to owner occupiers is unaffected by these current measures. There is a natural end date to this form of relief in any case.

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