Sector focus: Infrastructure

This report prepared by Pinsent Masons LLP discusses some of the key challenges facing the infrastructure sector in the current economic and political landscape. In particular it examines:

• practical problems with using sub-contractors CIS
• anomalies and the 24 month temporary workplace rule;
• quirks and pitfalls in the capital allowances regime around
• short life/long life assets and integral features;
• the use of partnership vehicles to fund local infrastructure;
• investors’ needs in the PFI secondary market;
• international issues in EPC contracts;
• the loss of IBAs and its effects on the sector; and
• particular tensions caused by the general anti-abuse rule.