000			01118cab a2200181 4500
001			##L132702
008			060301n2006 000 0 eng u
035			_a(Sirsi) u132702
041	0		_aeng
100	1		_aWilliams, Dave
245	0	0	_aStatically mobile
260			_c2006
490		0	_aTaxation _v156(4046) 23 February 2006, 540-541(2)
520			_aThe hotel buildings allowance can now be applied to benefit some holiday parks and caravan sites in the UK. However, a re-interpretation of the rules by an HM Revenue and Customs seminar aimed at the tourism industry, has led to a successfully negotiated corporation tax refund of £328 000, including interest, for a major holiday park operator in the West Country. The refund came about as a result of tax legislation which allows hotels to claim back building allowances against their corporate tax. HM Revenue and Customs have hinted that this could be expanded to include other leisure sector businesses, providing they match a certain criteria.
590			_aIKA140306
690			_aPROPERTY-COMMERCIAL PROPERTY-COMMERCIAL PROPERTY TAXATION
942			_n0
999			_c76570 _d76570