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Expenditure on property - capital or revenue?

By: Language: English Series: Company Secretary`s Review ; 11(12) 30 September 1987, 94-95(2)Publication details: 1987Subject(s): Summary: With reference to relevant case law the author explains the difference between capital and revenue expenditure when major works have been carried out on a property . Repair will usually qualify for revenue treatment while an improvement will not.
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Journal article London Journal article ABS38354 (Browse shelf(Opens below)) 1 Available 10069-1001

With reference to relevant case law the author explains the difference between capital and revenue expenditure when major works have been carried out on a property . Repair will usually qualify for revenue treatment while an improvement will not.