References: [2015] UKUT 447 (TCC)
Links: Bailii
UTTC INCOME TAX – whether taxpayer carried on a trade – if so whether trade commercial – whether carried on with a view to profit – whether GAAP correctly applied – whether expenditure incurred wholly and exclusively for purposes of trade – First-tier Tribunal deciding all issues against taxpayer – whether findings should be upheld – yes – appeal dismissed
Last Update: 16-Oct-15 Ref: 553194
