Storage platforms are plant
Language: English Series: Times ; 14 July 1992, 28(1)Publication details: 1992Subject(s): Summary: In "Hunt (Inspector of Taxes) v Henry Quick Ltd" and "King (Inspector of Taxes v Bridisco Ltd", QBD 22 June 1992, it was held that expenditure by wholesaler distributors on installing mezzanine platforms in their single-storey warehouses to increase storage space was incurred on plant and qualified for writing-down allowances under Finance Act 1971 s44. But expenditure incurred on the ancillary lighting required as a consequence of the installations did not qualify for any relief.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Law report | London Journal article | WB2828-78 (Browse shelf(Opens below)) | 1 | Available | 60093-1001 |
In "Hunt (Inspector of Taxes) v Henry Quick Ltd" and "King (Inspector of Taxes v Bridisco Ltd", QBD 22 June 1992, it was held that expenditure by wholesaler distributors on installing mezzanine platforms in their single-storey warehouses to increase storage space was incurred on plant and qualified for writing-down allowances under Finance Act 1971 s44. But expenditure incurred on the ancillary lighting required as a consequence of the installations did not qualify for any relief.