FTTTx INCOME TAX – payments made by firm to partners who were asked to withdraw from the partnership – whether payments chargeable to income tax as profits – yes – or whether payments were expenditure which should have been deducted by the firm in computing its profits – no – appeal dismissed – ICTA 1988 ss 18 and 74
Citations:
[2009] UKFTT 78 (TC)
Links:
Jurisdiction:
England and Wales
Income Tax
Updated: 03 August 2022; Ref: scu.373629