The Commissioners for HM Revenue and Customs v Leekes Limited

JurisdictionUK Non-devolved
JudgeMr Justice Roth,Judge Bishopp
Neutral Citation[2016] UKUT 0320 (TCC)
CourtUpper Tribunal (Tax and Chancery Chamber)
Subject MatterTax,12 July 2016
Date12 July 2016
Published date21 February 2017
[2016] UKUT 0320 (TCC)
Tribunal ref: UT/2015/0083
CORPORATION TAX — acquisition of company with accrued losses by
company carrying on similar trade — whether acquirer entitled to set losses against
income of enlarged group — ICTA ss 337, 343, 393 — losses to be set only against
income of predecessor’s trade — appeal allowed
UPPER TRIBUNAL
TAX AND CHANCERY CHAMBER
THE COMMISSIONERS FOR HER MAJESTY’S
REVENUE AND CUSTOMS Appellants
- and -
LEEKES LIMITED Respondent
Tribunal: Hon Mr Justice Roth
Judge Colin Bishopp
Sitting in public in London on 4 May 2016
Ms Elizabeth Wilson, counsel, instructed by the General Counsel and Solicitor to
HM Revenue and Customs, for the appellants
Mr Nikhil Mehta, counsel, instructed by Deloitte LLP, for the respondent
CROWN COPYRIGHT © 2016

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