Capital allowances on `fixtures`
Capital allowances on `fixtures`
- 1995
- Estates Gazette Case Summaries 1995 EGCS 150(1) (21 October 1995) .
In "Melluish (HMIT) v BMI (No 3) Ltd and Others" BMI disagreed with the Inland Revenue over eligibility for tax allowances under the Finance Act 1971 s44. M argued that once equipment was installed in council premises as a fixture it is no longer removable and therefore BMI had no right to the property. See ABS50364 & ABS51636.
CAPITAL ALLOWANCES
CENTRAL HEATING UNITS
COUNCIL HOUSES
FINANCE ACT 1971 S44
FIXTURES AND FITTINGS
MELLUISH (HMIT) V BMI (NO 3) LTD AND OTHERS
PLANT AND MACHINERY
TAX ALLOWANCES
In "Melluish (HMIT) v BMI (No 3) Ltd and Others" BMI disagreed with the Inland Revenue over eligibility for tax allowances under the Finance Act 1971 s44. M argued that once equipment was installed in council premises as a fixture it is no longer removable and therefore BMI had no right to the property. See ABS50364 & ABS51636.
CAPITAL ALLOWANCES
CENTRAL HEATING UNITS
COUNCIL HOUSES
FINANCE ACT 1971 S44
FIXTURES AND FITTINGS
MELLUISH (HMIT) V BMI (NO 3) LTD AND OTHERS
PLANT AND MACHINERY
TAX ALLOWANCES