Treasury sets plans in place over Lords ruling for family businesses
Brokers have been warned that a House of Lords judgement, which ruled in favour of thousands of taxp...
Brokers have been warned that a House of Lords judgement, which ruled in favour of thousands of taxpaying family businesses across the UK, including many broker firms, may be overturned to their disadvantage.
The initial judgement, in the long-running case of Jones v Garnett, had effectively prevented HM Revenue & Customs (HMRC) from demanding back-dated tax claims from thousands of family businesses.
The case related to Geoff Jones and his wife Diana - who spent five to six hours per week
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Most read
- Markerstudy gets CMA greenlight to complete £1.2bn Atlanta deal
- FCA warns insurers, again, on undervaluing total loss motor claims
- Ajay Mistry launches insurance broker