Upper Tribunal Tax and Chancery decision of Judge Aleksander and Judge Sadler on 11 May 2012.
Read the full decision in Percy George Donaghy v The Commissioners for HM Revenue and Customs: 2012UKUT 148(TCC).
INCOME TAX – section 221 ITTOIA 2005 – averaging of farming profits –
treatment of losses – whether inability to average losses is discriminatory –
no – appeal dismissed.
Release date: 11 May 2012
Ministry of Justice
HM Courts & Tribunals Service
Upper Tribunal (Tax and Chancery Chamber)
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