BIM35400 - Capital/revenue divide: tangible assets: contents

This chapter of the guidance on the capital/revenue divide covers a number of tax cases involving tangible assets and includes a section on whether expenditure is on repairs, replacement or improvements.

1. BIM35401

   Acquisition of an interest in land
2. BIM35405

   Exploitation of land
3. BIM35410

   Land with growing crops
4. BIM35415

   Assets with a short life
5. BIM35420

   Provision for expenditure on future abandonment
6. BIM35425

   Reinstating damaged land
7. BIM35427

   Damages for breach of contract
8. BIM35428

   Sale of trade assets (wagons): incident of trade or capital?
9. BIM35429

   Sale of trade assets (ships): incident of trade or capital?
10. BIM35430

    Repairs or capital expenditure?
11. BIM35435

    The entirety
12. BIM35440

    Identifying the entirety
13. BIM35445

    Improvements
14. BIM35450

    Assets bought in a defective condition
15. BIM35455

    Changes in technology and materials
16. BIM35460

    Character of the asset
17. BIM35465

    No deduction for notional repairs
18. BIM35467

    Case law: a tale of two chimneys
19. BIM35470

    Case law: a tale of two pipelines
20. BIM35475

    Case law: a tale of two railways
21. BIM35480

    Case law: modernising a property
22. BIM35485

    Case law: embankments, barriers and roads
23. BIM35490

    Case law: football stadium