FINANCIAL & LEGAL NOTES

Abstract

Capital Expenditure—What is Plant? The rates of the allowances for capital expenditure given to businesses as a deduction from taxable profits vary according to the nature of the expenditure to which they relate. Where it can be classified as plant and machinery a more generous rate applies than is given for other categories of expenditure.

Citation

Goch, D. (1975), "FINANCIAL & LEGAL NOTES", Management Decision, Vol. 13 No. 5, pp. 330-336. https://doi.org/10.1108/eb001086