Table of contents
- Original news
- What was this case about?
- What did the UT decide, and why did they disagree with the FTT?
- Do you think the outcome was unfairly harsh for the taxpayer?
- Is it generally difficult to obtain CGT relief for enhancement expenditure, or were the taxpayer’s problems in this case the result of an unusual fact pattern?
- Was it surprising that the UT was willing to accept that a Ramsay approach could, in principle, be applied in the taxpayer’s favour?
- What lessons can we learn from the case, and are these limited to share disposals?
Article summary
Tax analysis: Cathryn Vanderspar, head of tax, and Dean Andrews, associate, at Eversheds London, consider the issues raised in the recent case of Blackwell v Revenue and Customs Commissioners.
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