Aspect Capital Ltd v Revenue and Customs: FTTTx 29 Jun 2012

FTTTx CORPORATION TAX – deemed charge under s 419(1) ICTA 1988 on loans to participators – whether money loaned under employee participation scheme – yes – whether a debt arose immediately on transfer of shares under scheme – yes – appeal dismissed

Judges:

Barbara Mosedale

Citations:

[2012] UKFTT 430 (TC)

Links:

Bailii

Corporation Tax

Updated: 03 November 2022; Ref: scu.462775