(a)a person has at any time claimed an allowance to which he is entitled under Part 6 (research and development allowances) in respect of qualifying expenditure under that Part (“Part 6 expenditure” ),
(b)an asset representing the whole or part of the Part 6 expenditure (“the Part 6 asset” ) has ceased to be owned by that person “the past owner” ),
(c)the Part 6 asset was or included plant or machinery, and
(d)the current owner makes a claim under this Part in respect of expenditure (“new expenditure” ) incurred–
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