36 Queen Street, London, EC4R 1BN
+44 (0)20 7242 2642
Tax Cases
All The Latest Tax Cases From Gray’s Inn Tax Chambers

Interest. Whether or not “income arising”. Receivability without receipt.

The taxpayer opened two deposit accounts with Barclays Bank plc on 12 March 1990, and deposited substantial amounts in them....

Statutory interpretation. Carry back of surplus ACT. McGuckian principle applied.

The taxpayer was incorporated in 1993. Under Agriculture Act 1993, it was permitted to take over the trade and...

Industrial Buildings Allowance. The taxpayer, which operated cash and carry warehouses, sought to obtain IBAs on the ground that the buildings were used “for the purposes of a...

Corporation tax. Accounting periods. “Within the charge to tax” – s.832(1) ICTA 1988.

Decision of Vinelott J (Click here) upheld. ACT paid on a dividend cannot be carried back...

Income tax. Schedule D. Farming / woodlands.

The taxpayer grew Christmas trees. On a nine-acre site, coniferous trees were planted: mainly Norway Spruce, but also two other species not...