Income tax – Diamond broker – Schedule D, Case I – Whether payment received as compensation for losing client assessable as profit of trade – Income and Corporation Taxes Act 1970, ss 108(l)(a)(i) and 109(2). Citations: [1982] EWCA Civ TC – 55 – 585, (1981) 55 TC 585, [1982] STC 53 Links: Bailii Statutes: Income … Continue reading Rolfe (Inspector of Taxes) v Nagel: CA 6 Oct 1981