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Usher’s Wiltshire Brewery Ltd v Bruce (Surveyor of Taxes): HL 4 Dec 1914

In the ordinary course of business as a brewery the appellants owned and let to tenants licensed premises, against the rents of which they claimed to set as a deduction in reckoning the profits expenditure incurred in respect of ( a) repairs, ( b) the difference between the actual and assessed rentals, ( c) insurance premiums, and ( d) legal costs in connection with the licences.
Held that all the deductions claimed ought to be allowed.

Judges:

Earl Loreburn, Lords Atkinson, Parker, Sumner, and Parmoor

Citations:

[1914] UKHL 894, [1914] UKHL TC – 6 – 399, [1915] AC 433, 6 TC 399, 52 SLR 894

Links:

Bailii, Bailii

Jurisdiction:

England and Wales

Income Tax

Updated: 26 April 2022; Ref: scu.620737

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