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HMRC internal manual

Business Income Manual

From
HM Revenue & Customs
Updated
, see all updates

Breweries: tied houses: inadmissible deductions

No deduction should be allowed for:

  • compensation to an outgoing tenants for not requiring any payment for `goodwill’ from their successors
  • payments to existing tenants for accepting new agreements prohibiting them from requiring any payment for `goodwill’ from their successors
  • compensation paid to tied tenants for surrender of their tenancies when tied houses are taken into the management of the brewery group (see Watneys London Ltd (and Another) v Pike [1982] 57 TC 372)