The House was asked whether interest upon two Post Office Savings Bank accounts, one in the name of the Appellant’s son Michael, and the other in the name of the Appellant’s daughter Heather, and interest upon two holdings of andpound;1,000 3 per cent. Defence Bonds, in the names of Michael and Heather respectively, ought to be treated, for all the purposes of the Income Tax Acts, as the income of the Appellant.
Judges:
Normand, Oaksey, Morton, Reid, Cohen LL
Citations:
[1953] AC 543, [1953] UKHL 2, [1953] 1 All ER 1102
Links:
Jurisdiction:
England and Wales
Income Tax
Updated: 09 July 2022; Ref: scu.248517
