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HMRC internal manual

Capital Allowances Manual

From
HM Revenue & Customs
Updated
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Know-how: General: Acquired by holding company

A holding company may acquire know-how for use in trades carried on by its subsidiary companies. If this happens the holding company may qualify for capital allowances as the know- how is also used in its trade of providing management services to its subsidiaries. The standard definition of know-how in CA70010 must be satisfied and so expenditure on commercial know- how will not qualify.