Expenditure on property: management aspects of taxation

Abstract

Discusses how property expenditure is dealt with under income taxation, capital gains taxation, and capital allowances, with reference to the owner′s status and the importance of an estate owner′s objectives. Concludes that the distinction made between capital and revenue expenditure is likely to result in different records for income and capital gains taxation, and that review of capital expenditure may result in capital allowances being enjoyed.

Citation

Parsons, G. (1989), "Expenditure on property: management aspects of taxation", Property Management, Vol. 7 No. 2, pp. 125-129. https://doi.org/10.1108/EUM0000000003321