A distinction is to be found between the construction of plant and the equipment installed. The Court should examine the function of a structure to decide if it was a plant or a building for allowance.
Citations:
Gazette 09-Oct-1996, Times 01-Aug-1996
Statutes:
Capital Allowances Act 1990 24
Corporation Tax
Updated: 18 May 2022; Ref: scu.78546