Taxation

Capital allowances

Cobalt Data Centre 2 LLP and another v Commissioners of HMRC

Eileen O’GradyPrint

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  • Supreme Court
  • 20 November 2024
  • Lord Briggs, Lord Sales, Lord Burrows, Lady Rose and Lord Richards
  • [2024] UKSC 40
  • [2024] PLSCS 204
Taxation – Capital allowances – Enterprise zone – Two buildings being constructed within enterprise zone – Appellants claiming enterprise zone allowances on expenditure incurred – Respondent commissioners refusing allowances and issuing closure notices – Court of Appeal upholding respondents’ decision
Case summary