Interest on funds set aside for future costs was trading income-liabilities current.
Citations:
Ind Summary 10-Apr-1995
Jurisdiction:
England and Wales
Cited by:
Appeal from – Nuclear Electric Plc v Bradley (Inspector of Taxes) CA 13-Nov-1995
Income on funds set aside but not allocated for expenditure not trading income . .
Lists of cited by and citing cases may be incomplete.
Income Tax
Updated: 04 June 2022; Ref: scu.84386