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Torkington v Revenue and Customs: FTTTx 17 Sep 2010

FTTTx Appeal against amended self assessment- whether payments of interest eligible for relief under section 353 Income and Corporation Taxes Act 1988 – whether a loan was used wholly and exclusively for the purposes of business under section 360 (1) (b) Income and Corporation Taxes Act 1988

Citations:

[2010] UKFTT 441 (TC)

Links:

Bailii

Statutes:

Income and Corporation Taxes Act 1988 353 360(1)(b)

Jurisdiction:

England and Wales

Income Tax

Updated: 31 August 2022; Ref: scu.426597

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