Salmon v Revenue and Customs: FTTTx 8 Jul 2014

FTTTx Income Tax – Discovery assessment – Restriction of ‘sideways offset’ of losses derived from capital allowances in respect of yacht chartering, when the lessor had not spent the whole of his time for a 6-month period in the tax year in question in carrying on the trade – Appeal dismissed

Citations:

[2014] UKFTT 666 (TC)

Links:

Bailii

Jurisdiction:

England and Wales

Income Tax

Updated: 18 August 2022; Ref: scu.534285