CA26472 - PMA: Fixtures: Changes in ownership: Conditions for allowances
CAA01/S187A
When a person (the current owner) is treated as owning a fixture as a result of incurring qualifying expenditure on the provision of it, and another person (the past owner CA26474) has previously been treated as owning the fixture, the availability of capital allowances to the current owner, if the past owner was entitled to allowances, is conditional on
- the past owner pooling their qualifying expenditure in respect of the fixture prior to transfer (바카라 사이트˜pooling requirement바카라 사이트™ CA26476
- the 바카라 사이트˜fixed value requirement바카라 사이트™ (CA26478) or 바카라 사이트˜disposal value statement requirement바카라 사이트™ (CA26482), whichever is applicable, being met.
The 바카라 사이트˜fixed value requirement바카라 사이트™ is met by the past owner and current owner formally agreeing a value for the fixture within two years of transfer, or by commencing formal proceedings within that time to agree the value, or in certain circumstances by written statements being supplied (CA26478)
The 바카라 사이트˜disposal value statement requirement바카라 사이트™ applies in exceptional circumstances and is met by the past owner providing a written statement, within two years of his cessation of ownership, of the amount of the disposal value of fixtures which he had some time earlier been required to bring into account (for example, when he permanently ceased his business) (CA26482).