When can taxpayers claim group relief for losses sustained elsewhere?

Table of contents

• Original news
• What key issues did this case raise, and what was the main issue examined by the Supreme Court?
• To what extent did the judgment clarify the law in this area?
• Are there any related issues still to be litigated, or is this now the end of the line?
• Given that the legislation in question has since been changed, how much hangs on this decision for companies other than M&S itself?
• What should lawyers advising in this area take note of?
• Are there any trends emerging in this area of law? And what are your predictions for future developments?

Article summary

Tax analysis: Examining the Supreme Court’s decision, Michael Anderson, partner at Joseph Hage Aaronson, advises that although this is a successful conclusion for M&S some issues still remain to be resolved for other taxpayers.