Business

I Phillips; P Phillips; Ivan and Patricia Phillips (a firm) (TC2756)

M Hepburn (TC2837)

Interfish Ltd v CRC, Upper Tribunal (Tax and Chancery Chamber)

Two proposed reliefs to encourage employee-owned companies

Lloyds TSB Equipment Leasing (No 1) v CRC, Upper Tribunal (Tax and Chancery Chamber)

A company director has purchased a prestigious new car as a means to impress potential customers and secure new business. He has reclaimed the VAT on the basis that, because his home is the business base, there is no personal use of the vehicle

Instances in which the Revenue may argue relief for trading loss is not allowable

Dean & Reddyhoff Ltd (TC2767)

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)