[2018] UKFTT 0416 (TC)

[The appeal against this decision is reported at [2019] BVC 515.]

Judge Kevin Poole

Decision released 31 July 2018

Corporation tax – Capital allowances – CAA 2001, s. 11 and s. 21–23 – Plant and machinery allowances on expenditure incurred in construction and rectification works on underground hydroelectric power scheme – Water intakes, network of aqueducts leading to reservoir, underground headrace and tailrace, caverns housing the generating equipment and various other tunnels and conduits considered – Appeal allowed in part.

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