*Next Distribution Ltd and others v Revenue and Customs Commissioners

Corporation tax – Capital allowances. The Upper Tribunal (Tax and Chancery Chamber) (the tribunal) dismissed the appeal by the taxpayers, which were companies within the Next group, against the decision of the First-tier Tribunal (Tax Chamber) rejecting their claim to allowances in respect of expenditure incurred on certain buildings used by the taxpayer for storing goods. The tribunal decided that the buildings at issue were not 'industrial buildings' for the purposes of s 18(1) of the Capital Allowances Act 1990.

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