Ames v The Commissioners for HM Revenue and Customs: UTTC 25 Jun 2018

CAPITAL GAINS TAX – Enterprise Investment Scheme – meaning of ‘attributable’ in section 150A(2) Taxation of Chargeable Gains Act 1992 – whether CGT exemption only available if EIS income tax relief claimed – JUDICIAL REVIEW – whether HMRC adopted flawed methodology in appraising taxpayer’s late claim for relief and exercising powers under section 5(1) Commissioners for Revenue and Customs Act 2005 – whether HMRC acted with conspicuous unfairness

Citations:

[2018] UKUT 190 (TCC), [2018] BTC 518, [2018] STI 1420, [2018] STC 1704

Links:

Bailii

Jurisdiction:

England and Wales

Capital Gains Tax

Updated: 03 June 2022; Ref: scu.628067