INCOME TAX – Loss Relief – Trade – Race Horse Bloodstock Breeding and Training – whether a taxable activity – Yes in part – whether on a commercial basis with a view to the realisation of profits – No – Appeal dismissed. Income Tax Act 2007 Sections 64 and 66.
Citations:
[2014] UKFTT 338 (TC)
Links:
Jurisdiction:
England and Wales
Income Tax
Updated: 05 October 2022; Ref: scu.525369
