It was becoming clear that the ‘setting’ test was of limited application in deciding whether an item was plant. For example, the partitions in the John Good case, the window screens in the Leeds Permanent case and items like the tapestries, murals, prints and sculptures in the Scottish and Newcastle case were part of the setting but they qualified for capital allowances as plant.

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.