O'Neil & Others v HMRC [2026] UKUT 00013 (TCC)

Upper Tribunal Tax and Chancery Decision of Judge Julian Ghosh KC and Lord Clark on 19 December 2025

From:
HM Courts & Tribunals Service and Upper Tribunal (Tax and Chancery Chamber)
Published
8 January 2026
Category:
Tax
Release date:
19 December 2025

Read full decision: O’Neil & Others v HMRC

This appeal from the First-Tier Tribunal (Tax Chamber) (“the FTT”) concerns the taxation of a payment received during the tax year ending on 5 April 2015 as compensation for a mis-sold interest rate hedging product (“the Redress Payment”).

Updates to this page

Published 8 January 2026