The group relief rules contain special provisions for computing the amount of relief which can be surrendered by one member of the group to another. This case is about how those rules apply where a company has chargeable gains in a period but allowable losses arising in earlier periods which reduce or eliminate chargeable gain. The question is whether the chargeable gain reduces the amount of relief available for surrender. It was widely thought that it did. But this case establishes that it does not.David Goldberg KC (instructed by Messrs PricewaterhouseCoopers, Chartered Accountants) for the Appellant
MEPC Holdings Limited v. Crispin Mark Taylor (HMIT) – Special Commissioners
GITC is sad to report the death of our Head of Chambers, Mr Milton Grundy who passed away at the weekend.
Gray’s Inn Tax Chambers is deeply saddened by the passing of our founding member and Head of Chambers, Mr Milton Grundy
28 Nov 2022
Gray’s Inn Tax Chambers is deeply saddened to learn of the death of Her Majesty Queen Elizabeth II.
We join the nation in mourning and our condolences are with the Royal Family.
09 Sep 2022
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