The Brain Disorders Research Limited Partnership and Neil Hockin v The Commissioners for HM Revenue and Customs: [2017] UKUT 0176 (TCC)

Upper Tribunal Tax and Chancery decision of Mr Justice Birss and Judge Bishopp on 8 May 2017.

• From: HM Courts & Tribunals Service and Upper Tribunal (Tax and Chancery Chamber)
• Published: 10 May 2017

• Category: Tax
• Release date: 8 May 2017

Read the full decision in The Brain Disorders Research Limited Partnership and Neil Hockin v The Commissioners for HM Revenue and Customs: [2017] UKUT 0176 (TCC).

INCOME TAX — tax avoidance scheme — capital allowances — CAA s 437 — whether FTT entitled to find sham — yes — whether Appellants entitled to relief for sum notionally spent on research when true expenditure much less — no — whether partnership trading — no — appeal dismissed

Published 10 May 2017