Access full legislation.And much more.
By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.
- AI tax research with linked legislation and Finance Act changes
- Commentary, official guidance, publications and training material
- Case law, appeals and tribunal decisions in one place
Capital Allowances Act 2001 section 139
Amount taken into account in respect of old ship
Section 139 determines how to calculate the amount of any balancing charge that is deemed to relate to the old ship when a shipowner seeks to defer that charge, ensuring that only the balancing charge genuinely attributable to the qualifying ship can be deferred.
Access full legislation.And much more.
By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.