Capital expenditure
Accumulated
Participator, of
Transfer of
Acquisition of sites for tipping waste material
Allowance for calculating capital gain
Allowances
Capital allowances
Capital or revenue
Case law
Cash basis
Cash basis landlords
Cemeteries and crematoria
Costs of acquiring a business
Deductions
Allowable
Australian approaches
Capital withdrawn from/employed in business
Case examples
Costs of acquiring a business
Disallowed
Enduring benefit test
Fixed and circulating capital
Payments to cancel agreements
Periodical payments
Recurrent expenditure
Restrictive covenants
Simplified expenses
Deductions disallowed in calculation of profits of trade
Depreciation in stock
Derivative contracts
Disallowance of
Domestic items, replacement of
Dwelling-house
Employee trust fund payments
Exchange rate loss on repayment of foreign loans
Fees for vocational training
Flat-rate scheme
Future costs on abandonment of oil field
Gas pipes, repairs or renewals
Generally
Grants
Legal fees incurred in a planning dispute
Loan relationships
Lump sum paid for release of annuity
Maintenance costs (distinguished)
Meaning
Oil taxation
Overseas tax regimes
Patent rights
Plant and machinery
Purchase of a business, employees outstanding leave payments
Release of obligation/cancellation of agreement
Remediation of contaminated land
Rent guarantee payments
Replacement of domestic items
Restrictive terms associated with loan arrangement
Sea walls
Significance of
Spreading
Sum employed or intended to be employed as capital in trade
Surrender of onerous lease
Timing of
Additional VAT liability
Anti-avoidance provisions
Credit period exceeding four months
Delivery date
Generally
Milestone contracts
Promissory conditions
VAT incurred