The excavation and construction of 2 swimming pools in a caravan park was held to be the provision of plant, not premises or setting.
Citations:
[1974] 1 WLR 1398, (1974) 49 TC 514
Jurisdiction:
England and Wales
Cited by:
Cited – Shove (Inspector of Taxes) v Lingfield Park 1991 Ltd ChD 21-Jul-2003
The taxpayer, a race track owner, sought to claim the cost of laying an artificial all-weather race track surface as a capital allowance. The commissioners had found that it retained a separate identity from the grass, requiring maintenance and so . .
Cited – Lingfield Park (1991) Limited v Shove CA 31-Mar-2004
The taxpayers sought capital allowances on the costs of installing an artificial all-weather race track.
Held: The track was not either plant or machinery, and the taxpayer was not eligible for the relief. The only reasonable conclusion was . .
Lists of cited by and citing cases may be incomplete.
Corporation Tax
Updated: 29 April 2022; Ref: scu.185848
