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