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 70D
Long funding finance lease: additional expenditure: allowances for lessee
Section 70D deals with how a lessee under a long funding finance lease can claim further capital allowances when the lessor incurs additional expenditure on the leased plant or machinery, resulting in an increase in the present value of the minimum lease payments.
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.