Carry back of losses – Sections 66, 72 and 74 Income Tax Act 2007 – Was the Appellant carrying on a trade on a commercial basis and with a reasonable expectation of profit – were closure notices issued outside any statutory time limit – Section 34 and Section 34A Taxes Management Act 1970 – Did HMRC delay unreasonably in issuing the closure notices
[2021] UKFTT 223 (TC)
Bailii
England and Wales
Updated: 27 September 2021; Ref: scu.663730 br>