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Commissioners for Her Majesty's Revenue and Customs v Maco Door and Window Hardware (UK) Ltd

Language: English Publication details: 2006Subject(s): Online resources: Summary: [2006] EWHC 1832 (Ch), 19 July 2006. Concerns qualification of property for Industrial Buildings Allowance (IBA) tax relief. M appealed against the refusal of its claim to IBA on a warehouse storing imported products, and the appeal was allowed. HMRC appealed against this decision. "Held": HMRC's appeal allowed. Capital Allowances Act 1990 s18(2) had been misinterpreted. The storage was carried out to support M's wholesale trading operation and not as a commercial activity in itself. There was no distinction in substance between the operation of M's warehouse and the storage in "Bestway (Holdings) Ltd v Luff" (ChD, X90130).
Holdings
Item type Current library Call number Copy number Status Barcode
Law report Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 134387-2001

[2006] EWHC 1832 (Ch), 19 July 2006. Concerns qualification of property for Industrial Buildings Allowance (IBA) tax relief. M appealed against the refusal of its claim to IBA on a warehouse storing imported products, and the appeal was allowed. HMRC appealed against this decision. "Held": HMRC's appeal allowed. Capital Allowances Act 1990 s18(2) had been misinterpreted. The storage was carried out to support M's wholesale trading operation and not as a commercial activity in itself. There was no distinction in substance between the operation of M's warehouse and the storage in "Bestway (Holdings) Ltd v Luff" (ChD, X90130).