The Commissioners for HM Revenue and Customs v Julian Blackwell: [2015] UKUT 0418 (TCC)
Upper Tribunal Tax and Chancery decision of Mr Justice Newey and Judge Hellier on 13 August 2015.
Read the full decision in .
CAPITAL GAINS TAX – section 38(1)(b) Taxation of Chargeable Gains Act 1992 – whether expenditure incurred “on” an asset and “reflected in the state or nature of the asset at the time of disposal” – whether expenditure incurred “in establishing, preserving or defending … title to, or to a right over, the asset”.
Published 1 December 2016