Sidebottom v Revenue and Customs (Capital Gains Tax/Taxation of Chargeable Gains : Computation): FTTTx 21 Sep 2018

Capital gains tax – sale of land – whether property owned jointly – yes – enhancement expenditure – whether expenditure incurred by associated company is to be treated as incurred by landowners – no – whether amount assessed should be increased under section 50 Taxes Management Act 1970 – no – appeal allowed in part

Citations:

[2018] UKFTT 549 (TC)

Links:

Bailii

Jurisdiction:

England and Wales

Capital Gains Tax

Updated: 25 October 2022; Ref: scu.632321