HMRC Resists Port Co.'s Claim To Broader Tax Allowances

By Josh White ( July 16, 2026, 5:56 PM BST) -- HM Revenue & Customs pushed back Thursday against Liverpool's port operator over its claims that the construction costs of a quay wall qualify for capital allowances, arguing before the Upper Tribunal that the use of the structure to mount cranes doesn't entitle it to such tax breaks....

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