Morgan Lloyd Trustees Ltd and Ray Hallam v Revenue and Customs (Income Tax/Corporation Tax : Pension Scheme): FTTTx 1 Feb 2017

Income tax – unauthorised payments charge, unauthorised payments surcharge and scheme sanction charge under ss 174A, 208, 209 and 239 FA04 – investment-regulated pension schemes buying large printing presses and plant and machinery from sponsoring employers and leasing them back – whether the printing presses were ‘tangible moveable property’ – whether charges infringed rights under Article 6 or Article 1 of the First Protocol ECHR – whether FA04 should be interpreted to cancel the charges – whether relief from the unauthorised payments charge and scheme sanction charge should be granted under s 268 FA04

Citations:

[2017] UKFTT 131 (TC)

Links:

Bailii

Jurisdiction:

England and Wales

Income Tax

Updated: 29 January 2022; Ref: scu.574082