This book provides a comprehensive guide to capital allowances for the 1991-92 tax year in the UK. It details the relevant legislation, case law, and Inland Revenue practice to assist taxpayers and their advisors in understanding and claiming capital allowances. The work aims to clarify the complex rules surrounding capital expenditure and depreciation for tax purposes.

As a specialized tax reference, Tolley's Capital Allowances 1991-92 is expected to be a detailed and authoritative resource for tax professionals and businesses operating under UK tax law for that specific fiscal period. Its value lies in its precise coverage of legislation and practice relevant to that year, serving as a crucial tool for compliance and planning. The publication would have been regarded as an essential annual update for accountants, tax advisors, and finance departments.