Mansworth (Inspector of Taxes) v Jelley: ChD 20 Mar 2002
The taxpayer had the benefit of option as an employee in his company scheme. He exercised the option and the issue arose as to when the base value of the options were to be valued for capital against tax purposes. The taxpayer argued that they were to be valued at the point where they were … Continue reading Mansworth (Inspector of Taxes) v Jelley: ChD 20 Mar 2002