Martin Wilson of The Capital Allowances Partnership LLP provides us with his analysis of the Special Commissioner's decision in JD Wetherspoon plc v HMRC
The decision in JD Wetherspoon plc v HMRC SpC 657 which was published just before Christmas related to an appeal in connection with the tax return for the company's accounting year to 31 July 1999. It is surprising that such a fundamental issue as the scope of the term 'plant' in such a commonplace context should be so unclear as to give rise to an uncertainty which was yet to be resolved eight or nine years after the incurring of the expenditure concerned. Nor one suspects is it yet resolved for the decision is a questionable one probably leaving both parties discontented and in all likelihood...
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Martin Wilson of The Capital Allowances Partnership LLP provides us with his analysis of the Special Commissioner's decision in JD Wetherspoon plc v HMRC
The decision in JD Wetherspoon plc v HMRC SpC 657 which was published just before Christmas related to an appeal in connection with the tax return for the company's accounting year to 31 July 1999. It is surprising that such a fundamental issue as the scope of the term 'plant' in such a commonplace context should be so unclear as to give rise to an uncertainty which was yet to be resolved eight or nine years after the incurring of the expenditure concerned. Nor one suspects is it yet resolved for the decision is a questionable one probably leaving both parties discontented and in all likelihood...
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