Duckmanton v CRC, Upper Tribunal (Tax and Chancery Chamber)
...is futile – or is it? A tribunal decision may have overturned an assumption about the allocation of deductions under the CIS
Taking a punt on machine games duty
Hopegar Properties Ltd (TC2734)
A limited company has installed solar panels on the roof of the factory from which it trades. The factory is owned by the company directors and is let rent free to the company
Appeal Commissioners v Bank of Nova Scotia, Privy Council
A Mateides and H Mateides (TC2750)
The shareholders of a small limited company are a husband and wife. The company owns a property and the tenants would like to purchase the freehold interest
Ardagh Group DA v Pillar Property Group Ltd, Court of Appeal
The UK government has received notification from the European Commission (EC) that it is to open a formal investigation relating to exemptions and reliefs within the aggregates levy.
The commission made it clear that some exemptions and reliefs do not contain state aid and the aggregates levy in itself does not constitute an unlawful state aid. The investigation has arisen as a result of a submission in 2002 from the British Aggregates Association (BAA) to the EC, arguing that the levy contained state aid.
A sole trader has recently purchased a car that will be eligible for 100% first-year allowances. This will be restricted by his 10% private use, but the private use element is likely to increase in future years as the client nears retirement
Claygold Property Ltd (TC2717)