Stedeford (Inspector of Taxes) v Beloe
| Jurisdiction | England & Wales |
| Judgment Date | 11 March 1932 |
| Judgment citation (vLex) | [1932] UKHL J0311-1 |
| Court | House of Lords |
[1932] UKHL J0311-1
House of Lords
After hearing Counsel for the Appellant this day, upon the Petition and Appeal of Ronald Vernon Stedeford, of 12, Surrey Street, Lowestoft, one of His Majesty's Inspectors of Taxes, praying, That the matter of the Order set forth in the Schedule thereto, namely, an Order of His Majesty's Court of Appeal, of the 5th of May 1931, so far as therein stated to be appealed against, might be reviewed before His Majesty the King, in His Court of Parliament, and that the said Order, so far as aforesaid, might be reversed, varied, or altered, or that the Petitioner might have such other relief in the premises as to His Majesty the King, in His Court of Parliament, might seem meet; as also upon the printed Case of Margaret Clarissa Beloe (Executrix of R. D. Beloe, deceased), lodged in answer to the said Appeal; and Counsel appearing for the Respondent, but not being called upon; and due consideration being had of what was offered for the said Appellant:
It is Ordered and Adjudged, by the Lords Spiritual and Temporal in the Court of Parliament of His Majesty the King assembled, That the said Order of His Majesty's Court of Appeal, of the 5th day of May 1931, in part complained of in the said Appeal, be, and the same is hereby, Affirmed, and that the said Petition and Appeal be, and the same is hereby, dismissed this House: And it is further Ordered, That the Appellant do pay, or...
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McMann v Shaw
...Finlay J. indicated in Kemp v. Evans (1935) 20 T.C. 14, and as was accepted before me, was passed in consequence ofStedeford v. Beloe(1) 16 T.C. 505, where it was held that an annual pension to a retired headmaster by the council of his school under the school's statutes was not assessable ......
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TC03026: Versteegh Ltd and Others
...in IR Commrs v Falkirk Ice Rink LtdTAX(1975) 51 TC 42. These cases can, however, be contrasted with that of Stedeford (HMIT) v BeloeTAX(1932) 16 TC 505, where an annual pension voluntarily awarded to the retired headmaster of Bradfield College was held not to be taxable. It was not taxable ......
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Odey Asset Management LLP and Others
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Kerrison
...decided that payments under a power contained in a will were income on a similar basis. In contrast, in Stedeford (HMIT) v Beloe TAX(1932) 16 TC 505 a pension granted to a headmaster on his retirement was held to be entirely voluntary because there was no obligation at all on the governors ......