LOAN RELATIONSHIPS – Debits and credits – Debt arising from Transaction for lending of money – Whether Appellant has established a lending of money – No – Whether Appellant’s partial waiver of debt due from connected person affects amount of Appellant’s credits – No – Appeal dismissed – FA 1996 ss. 81(1)(c) and 85(3)(c)
Citations:
[2010] SFTD 1083, [2010] STI 2564, [2010] UKFTT 298 (TC)
Links:
Jurisdiction:
England and Wales
Taxes – Other
Updated: 05 July 2022; Ref: scu.422323
