The Finance (1909-10) Act 1910, sec. 44 (2), directs that the Commissioners of Inland Revenue shall prepare and keep corrected a register showing the annual licence value of all fully licensed premises, and that ‘in estimating for that purpose the value as licensed premises of hotels or other premises used for purposes other than the sale of intoxicating liquor’ no increased value arising from profits not derived from the sale of intoxicating liquor shall be taken into consideration.’
Held (1) the words ‘other premises’ include a public-house used substantially for other purposes than the sale of intoxicants; (2) the words ‘increased value’ mean such value as arises from the additional profits made on the sale of non-intoxicants due to their sale on licensed premises, not the value of the whole profits on the sale of non-intoxicants.
Appeal sustained on the first point; dismissed on the second.
Judges:
Lord Chancellor (Haldane), Earl Loreburn, and Lords Atkinson, Shaw, Moulton, and Parker
Citations:
[1913] UKHL 537, 51 SLR 537
Links:
Jurisdiction:
England and Wales
Income Tax
Updated: 24 March 2022; Ref: scu.632748