Fard v Revenue and Customs: FTTTx 18 Jan 2011

Claim for relief from income tax for an allowable CGT loss on a disposal of shares subscribed for in a qualified trading company – section 574 ICTA 1988 – held the shares in issue had not been subscribed for within the meaning of section 574 – see: s.574(3) – appeal dismissed – Tribunal criticised HMRC for making repayments of tax before enquiring into the Appellant’s tax returns

Citations:

[2011] UKFTT 63 (TC)

Links:

Bailii

Jurisdiction:

England and Wales

Income Tax

Updated: 23 March 2022; Ref: scu.442805