BLM73055 - Schedule 12 FA 1997: capital allowances: allowances for costs relating to waste disposal sites and cemeteries

FA97/Sch12/Paras11(11) and (12) provide that where the lessor's expenditure on the leased asset qualified for allowances under ICTA88/Ss91, 91A or 91B (ITTOIA05/Ss165, 168, or 170,) (see BIM52500 onwards and BIM67400 onwards) a major lump sum is treated as a trading receipt, restricted if necessary to the deductions made under those provisions.