CA50300 - MEA: Qualifying expenditure: Planning permission
The costs of seeking planning permission that is refused, where
that permission was to enable either mineral extraction or access
to be undertaken, or deposits to be worked are treated as
expenditure on mineral exploration and access (CAA01/S396 (2)) and
so qualify for a writing down allowance at 25% (CAA01/S418 (1)(b)).
Expenditure on successful planning permission falls within
CAA01/S397 as expenditure on a mineral asset, and so qualifies for
a writing down allowance at 10% (CAA01/S418 (1)(a)).
