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Decor is not plant

Language: English Series: Times ; 30/11/87 p35Publication details: 1987Subject(s): Summary: It was held in Wimpy International Ltd v Warland (Inspector of Taxes) ; Associated Restaurants Ltd v Same, ChD 23 November 1987, that internal decorations installed in a restaurant were not " plant " and expenditure on them did not qualify for capital allowances under the Finance Act 1971 s41(1) .

It was held in Wimpy International Ltd v Warland (Inspector of Taxes) ; Associated Restaurants Ltd v Same, ChD 23 November 1987, that internal decorations installed in a restaurant were not " plant " and expenditure on them did not qualify for capital allowances under the Finance Act 1971 s41(1) .