In computing company’s tax liability excessive pay not deductible.
Citations:
Times 28-May-1993
Statutes:
Income and Corporation Taxes Act 1970 130
Jurisdiction:
England and Wales
Citing:
Appealed to – Earlspring Properties Ltd v Guest (Inspector of Taxes) CA 1-May-1995
A close company has an additional obligation to notify the Revenue that a loan was chargeable to tax, and in default, it was liable for interest. . .
Cited by:
Appeal from – Earlspring Properties Ltd v Guest (Inspector of Taxes) CA 1-May-1995
A close company has an additional obligation to notify the Revenue that a loan was chargeable to tax, and in default, it was liable for interest. . .
Lists of cited by and citing cases may be incomplete.
Income Tax
Updated: 24 August 2022; Ref: scu.80214