FTT

Sale of LLP capital accounts not subject to income tax.

Compensation exemption did not apply: The one thing about tax that ‘everybody knows’ is that a tax-free payment of up to £30,000 can be paid as compensation for loss of office. As Simrajsar Ltd and another v HMRC [2024] UKFTT 1072...

It looks like any tax motivation is becoming fair game, writes Eloise Walker (Pinsent Masons).

R&D claim succeeds before FTT.

UT upholds FTT decision that taxpayer remained UK-resident.

FTT critical of taxpayer’s approach in misselling compensation case.

UT overturns FTT finding of deliberate behaviour as error of law.

HICBC assessment was ‘protected’.

FTT varies information notice.