Wakefield v HM Inspector of Taxes: SCIT 13 Dec 2004

Capital gains tax – rollover relief on reinvestment – whether ‘arrangements for the acquisition of the relevant shares’ – repayments from another company controlled by taxpayer of loans made by him – whether a ‘return of value’ denying relief – yes – appeal dismissed – Capital gains tax – rollover relief on reinvestment – timing of issue of shares

Citations:

[2005] UKSPC SPC00471

Links:

Bailii

Capital Gains Tax

Updated: 01 July 2022; Ref: scu.228784