A D Bly Groundworksand Civil Engineering Limited, CHR Travel Limited v Revenue and Customs (Corporation Tax – Whether Expense Not Wholly and Exclusively for Purposes of Trade): FTTTx 26 Nov 2021

Corporation Tax – whether expense not wholly and exclusively for purposes of trade and disallowed by s54 Corporation Tax Act 2009 – yes — whether s1290 Corporation Tax Act 2009 excluding deductions for expenses in respect of employee benefit contributions applicable – no – appeal dismissed

Citations:

[2021] UKFTT 445 (TC)

Links:

Bailii

Jurisdiction:

England and Wales

Corporation Tax

Updated: 25 March 2022; Ref: scu.671519