Legal News

Entrepreneurs’ relief claim failed where trade not yet started (Wardle v HMRC)

Published on: 18 May 2021
Published by a LexisNexis Tax expert

Table of contents

  • Why it matters
  • Case details

Article summary

Tax analysis: In Wardle v HMRC, the First-tier Tax Tribunal (FTT) decided that entrepreneurs’ relief (now called business asset disposal relief) was not available to a partner in a partnership which had not yet commenced trading at the time of the disposal.

Popular documents