The Potential of Capital Allowances in Purchased Property

Abstract

Confirms that capital gains are claimable on plant and machinery. Offers a definition of machinery. Indicates how plant might be defined. Discusses the qualifications and basis for claim. Illustrates by flow charts. Discusses apportionment and value. Concludes that a good relationship with the Tax Inspector is paramount, so long as you are firm.

Citation

Blakeley, P. (1992), "The Potential of Capital Allowances in Purchased Property", Journal of Property Finance, Vol. 3 No. 2. https://doi.org/10.1108/09588689210033765