HL Income Tax, Schedule D – Investment allowance – ‘Machinery or plant’ – Capital or revenue expenditure – Finance Act, 1954 (2 and 3 Eliz. II, c. 44), Section 16 (3). Citations: [1959] UKHL TC – 38 – 391, 38 TC 391 Links: Bailii Statutes: Finance Act 1954 16(3) Jurisdiction: England and Wales Income Tax … Continue reading Hinton (HM Inspector of Taxes) v Maden and Ireland Ltd: HL 16 Jul 1959