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HMRC internal manual

Oil Taxation Manual

HM Revenue & Customs
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Non-Residents Working on the UK Continental Shelf: Capital Allowances - Plant & machinery brought into the UK- Valuations

The company’s view of the open market value of the mobile asset at the entry date should be obtained and it is normal practice in significant cases to request an independent appraisal of the rig or vessel in support of the company’s own valuation.