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 160
Expenditure treated as incurred for purposes of mineral extraction trade
Section 160 ensures that spending on plant or machinery for mineral exploration and access, where connected with a mineral extraction trade, is treated as incurred for the purposes of that trade.
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.