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 414
Expenditure on works likely to become valueless
Section 414 sets out when capital expenditure on constructing works connected with mineral extraction qualifies for capital allowances because the works are likely to become worthless once the mineral source is exhausted or a foreign concession expires.
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.