Capital allowances
Capital allowances
- 1998
- Estates Gazette Case Summaries [1998] EGCS 116 (18/7/98) .
"Sarsfield (HMIT) v Dixons Group plc and others" CA 9 July 1998. A member of the Dixons Group plc carried on their business of receiving, storing and delivering good from a warehouse purchased by Dixons Ltd. A claim was made by the taxpayers for capital allowances in relation to expenditure incurred on the warehouse. By section 1(1) of the Capital Allowances Act 1986, a person who incurred capital expenditure on an ``industrial building or structure` means a building or structure in use for the purposes of a transport,....undertaking...`and by section of 7(3) ``industrial building or structure` does not include any buildng or structure....for any person ancillary to the purposes of a ....retail shop.` The taxpayers` claim was rejected but allowed on appeal.
CAPITAL ALLOWANCES ACT 1968
CAPITAL ALLOWANCES
SARSFIELD (HMIT) V DIXONS GROUP PLC AND OTHERS
WAREHOUSE
"Sarsfield (HMIT) v Dixons Group plc and others" CA 9 July 1998. A member of the Dixons Group plc carried on their business of receiving, storing and delivering good from a warehouse purchased by Dixons Ltd. A claim was made by the taxpayers for capital allowances in relation to expenditure incurred on the warehouse. By section 1(1) of the Capital Allowances Act 1986, a person who incurred capital expenditure on an ``industrial building or structure` means a building or structure in use for the purposes of a transport,....undertaking...`and by section of 7(3) ``industrial building or structure` does not include any buildng or structure....for any person ancillary to the purposes of a ....retail shop.` The taxpayers` claim was rejected but allowed on appeal.
CAPITAL ALLOWANCES ACT 1968
CAPITAL ALLOWANCES
SARSFIELD (HMIT) V DIXONS GROUP PLC AND OTHERS
WAREHOUSE