Commentary

B3.408 Contributions to public services outside the UK

Business tax
Business tax | Commentary

B3.408 Contributions to public services outside the UK

Business tax | Commentary

B3.408 Contributions to public services outside the UK

The meaning of qualifying expenditure is extended1 to contributions of capital sums made by a person carrying on a mineral extraction trade outside the UK to the cost of certain buildings and works.

However, such expenditure is only qualifying expenditure if it is incurred for the purposes of that person's mineral extraction trade and the buildings or works are likely to be of little or no value, when the source is no longer worked, to the last person working the source2. The expenditure must not result in that person's acquiring an asset nor

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