BES Commercial Electricity Ltd v Revenue and Customs (Corporation Tax – Mcnight Considered – Whether A Penalty): FTTTx 3 Dec 2021

CORPORATION TAX – McNight considered – whether a penalty – yes – deductible – no – wholly and exclusively incurred – no – whether a qualifying payment for Charitable Donations Relief CTA 2010 – no – appeals dismissed

Citations:

[2021] UKFTT 456 (TC)

Links:

Bailii

Jurisdiction:

England and Wales

Corporation Tax

Updated: 09 February 2022; Ref: scu.671536