CORPORATION TAX – Trading profits – Moneys mistakenly paid to trader – Appellant supply recruitment services to customers – Customers make payments by mistake – unclaimed amounts transferred to balance sheet account and released to profit and loss account at financial year end – whether mistaken payments constitute trading receipts accruing or arising from trade for tax purposes – Yes
[2010] UKFTT 218 (TC), [2010] SFTD 882, [2010] STI 2281
Bailii
England and Wales
Updated: 27 October 2021; Ref: scu.422238