The First-tier Tribunal has released its decision in Hunt, Hunt & Davis v HMRC. The Tribunal found for HMRC which was represented by Imran Afzal (now KC) and Riya Bhatt. The case concerned the ‘Transactions in Securities’ legislation, and more specifically the proper interpretation of s.685(6) Income Tax Act 2007 (post-Finance Act 2010 and pre-Finance Act 2016 version).
For further information, please contact our Practice Managers