ETZ promoters expect concession
ETZ promoters expect concession
- 1994
- Money Week 23 February 1994, 5 Property Week 46(8) 24 February 1994, 8(2) .
Enterprise zone investors hope that Inland Revenue will compromise on plans to claw back capital allowances if an interest in EZ property is sold within 25 years. The Inland Revenue has extended the concession allowing capital allowances to buyers of already occupied buildings to 31 August. Discusses the "R v IRC ex parte Matrix Securities Ltd" 1994 HL ruling that Inland Revenue was entitled to overrule the pre-clearance given on the Matrix South Quay scheme because the inspector was not qualified to make the decision.
CAPITAL ALLOWANCES
CONCESSION
ENTERPRISE ZONE TRUSTS
ENTERPRISE ZONES
MATRIX SECURITIES
PRE-CLEARANCE
Enterprise zone investors hope that Inland Revenue will compromise on plans to claw back capital allowances if an interest in EZ property is sold within 25 years. The Inland Revenue has extended the concession allowing capital allowances to buyers of already occupied buildings to 31 August. Discusses the "R v IRC ex parte Matrix Securities Ltd" 1994 HL ruling that Inland Revenue was entitled to overrule the pre-clearance given on the Matrix South Quay scheme because the inspector was not qualified to make the decision.
CAPITAL ALLOWANCES
CONCESSION
ENTERPRISE ZONE TRUSTS
ENTERPRISE ZONES
MATRIX SECURITIES
PRE-CLEARANCE