Related Commentary  Related HMRC Manuals

143(1)  The amount of site preparation expenditure allocated to a period of account for the purposes of section 142(2) is the amount given by the formula–

RE ×   WD  


RE means residual expenditure (see subsection (2)),

WD means the volume of waste materials deposited on the waste disposal site during the period, and

SV means the volume of the waste disposal site not used up for the deposit of waste materials at the end of the period.

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.