Market leading insight for tax experts
View online issue

Other cases that caught our eye 15 October 2021

Political donations and IHT

A Banks v HMRC [2021] EWCA Civ 1439 (6 October 2021) is the latest attempt by Arron Banks to obtain IHT relief on his donations to UKIP.  Like the previous attempts this one failed but the decision is not without interest. His problem is that relief is given only in relation to parties which had two MPS elected at the last general election (or one MP and at least 150 000 votes) and at the time of the gifts UKIP’s two MPS had been elected at by elections. The question was whether this rule infringed Mr Banks’ (or UKIP’s) rights under the European Convention of Human Rights. The Court of Appeal accepted that in one respect there was a breach of convention rights – in that he was discriminated against for being a supporter of a party which had no MPs elected at the...

If you or your firm subscribes to Taxjournal.com, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
EDITOR'S PICKstar
Top