10 October 2001
A partnership comprised two sets of husbands and wives. Each partner owns 25 per cent of a property, part of which is let to third parties and part to a trading company operating as printers owned by the partners. Administration services and the services of three of the partners to operate the printing business are invoiced by the partnership to the company. Two of the partners are directors in the company and receive a salary for that office holding. Cars are provided through the partnership with a private use adjustment.
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