Dolphin Drilling Ltd v Revenue and Customs: FTTTx 16 Nov 2020

Corporation Tax – restriction on deductions for ‘relevant assets’ – whether vessel was excluded on basis that reasonable to suppose that its use to provide accommodation for offshore workers was unlikely to be more than incidental to other uses to which the vessel was likely to be put – appeal allowed
[2021] UKFTT 145 (TC)
Bailii
England and Wales

Updated: 13 July 2021; Ref: scu.663649