NEW REPAIRS V MAINTENANCE CASE
Mar 25, 2021
2 minutes
MARK WITHERS
‘The decision reinforces the need to be realistic about where the line in the sand lies with respect to claims for maintenance’
Much of the case law that dictates the tax outcomes on the distinction between non-deductible capital expenditure on buildings and tax-deductible repairs and maintenance expenditure are very old cases.
However, there is a recent decision from the courts involving a
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