Sites were capital assets

Sites were capital assets - 1988 - Chartered Surveyor Weekly Vol 23 No 4 28/4/88 p93 .

A report of the case Rolfe (Inspector of Taxes) v Wimpey Waste Management Ltd ChD 29 March 1988, where land sites acquired by a waste disposal company for use as "consumable tipping space", constituted capital not current assets .


CAPITAL ASSETS
LIABILITY