Capital Allowance: Is a Swimming Pool a Plant?
Cooke v Beach Station Caravans Ltd England & Wales Chancery Division 5 July 1974 The Respondent Company was the operator of a caravan park at a seaside resort. The Respondent hires caravans on the site to its customers, and also provides sites for the parking of caravans owned by tourists. The site facilities are available […]
Back to Basic: The Capital Allowance in Malaysia, Is Horse a Plant?
It is no secret that claiming Capital Allowances on plant and machinery expenditure can be a complicated business. While claiming allowances on business equipment such as motor vehicles, computers, tables, and chairs is straightforward, fully maximising a Capital Allowances claim on renovation and property purchases is fraught with complexities. Even the most basic question doesn’t […]
