FTTTx INCOME TAX – Appellant sub-postmaster receiving termination payment on closure of sub-post office – business carried on together with that of a stationery shop – payment made at time of acquisition described as goodwill – whether payment deductible from termination payment – ITEPA 2003 s 336(1) – held, not deductible – whether any alternative basis for deduction – no – appeal dismissed
Jihn Clark TJ
[2014] UKFTT 713 (TC)
Bailii
Income Tax
Updated: 18 December 2021; Ref: scu.535348