Yachts
'forms of transport', hire of ocean-going sailing yachts for sporting purposes
Forfeiture, commissioners' discretion to return
Case Law –
(1985) 2 BVC 200,125
Generally
Commentary –
CGT and the Private Residence ¶30-020
Input tax
Business purpose test
Case Law –
(1984) 2 BVC 205,114
Purchase/maintenance, apportionment
Case Law –
Tower Steel (Holdings) Ltd. (1990) 5 BVC 745
Mooring fees
Case Law –
Roberts & Anor. [1992] BVC 738
Private use, method of calculating depreciation