Chancery Division.

Judgment delivered 30 July 1982.

Income tax – Capital allowances – Expenditure by building society on decorative window screens – Whether expenditure on provision of ‘plant’ – Finance Act 1971 – sec. 41(1).

  This was an appeal by the Society from the finding of the General Commissioners that expenditure on screens placed in the windows of the Society’s branch offices did not qualify for a capital allowance as it was not expenditure on the provision of ‘plant’. In the Commissioners’ view the screens formed part of the ‘setting’ of the business and did not perform any business function.

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