FTTTx INCOME TAX – discovery assessment – effect of Confiscation Order – Confiscation Order assessed on a gross basis – included a proportion of tax liability – discovery assessment not disputed – assessment reduced to prevent double recovery in relation to tax included in Confiscation Order – additional liability not disproportionate – appeal allowed in part.
[2015] UKFTT 46 (TC)
Bailii
England and Wales
Income Tax
Updated: 28 December 2021; Ref: scu.543200