Skye Inns Ltd and Another v Revenue and Customs: FTTTx 15 Dec 2009

Capital gains tax – relief under Enterprise Investment Scheme – whether 80% of the share capital subscribed had been ’employed’ in the qualifying company’s trade within the twelve month period from the subscription – monies on instant access deposit account – consideration of different business requirements – appeal dismissed

[2009] UKFTT 366 (TC)
Bailii
England and Wales

Capital Gains Tax

Updated: 23 December 2021; Ref: scu.409172