Income Tax – Claim under S 131 Income Tax Act 2007 for Share Loss Relief against income – whether taxpayer subscribed for shares – held yes – whether shares were valueless when acquired by taxpayer – held not – acquisition cost to be determined at market value – appeal allowed
[2016] UKFTT 254 (TC)
Bailii
England and Wales
Income Tax
Updated: 14 January 2022; Ref: scu.562865
