Roger Preston Group Ltd v Revenue and Customs (Corporation Tax – Accountancy Treatment and Amortisation of Assets Sold): FTTTx 9 Feb 2021

CORPORATION TAX – Accountancy treatment and amortisation of assets sold – Nature of assets – Finance Act 2002 Schedule 29 – Whether assets were intangible assets or financial assets? – Intangible assets – Whether treatment in accounts UK GAAP compliant? – Yes – Appeal allowed

Citations:

[2021] UKFTT 38 (TC)

Links:

Bailii

Jurisdiction:

England and Wales

Corporation Tax

Updated: 07 December 2022; Ref: scu.661775