SolvedSection 53 | Capital expenditure
From legislation.gov.uk
(1)In calculating the profits of a trade, no deduction is allowed for items of a capital nature.
(2)Subsection (1) is subject to provision to the contrary in the Corporation Tax Acts.
From legislation.gov.uk
(1)In calculating the profits of a trade, no deduction is allowed for items of a capital nature.
(2)Subsection (1) is subject to provision to the contrary in the Corporation Tax Acts.