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Nicholas Powell v The Commissioners of His Majesty's Revenue and Customs [2026] UKUT 00418 (TCC)

Upper Tribunal Tax and Chancery decision of Judge Scott and Judge Brannan on the 28th of October 2026.

Read Full Decision: Nicholas Powell v HMRC - Final decision

INCOME TAX – whether tax charge on participator in close company because loan made by close company to participator had been released – appeal dismissed