Uk Supreme Court

An appeal against a decision that VAT was chargeable on investment fund success fees that became payable after the investment adviser left the VAT group of the company holding the fund has been unanimously dismissed by the Supreme Court. The Prudential Assurance Company Ltd argued that no VAT was ch

The Supreme Court has held that professional advisory fees totally around £2.5 million incurred by an investment firm in connection with the sale of a loss-making business could not be deducted as expenses of management under section 1219 of the Corporation Tax Act 2009. Centrica Overseas Hold

Iain Lanaghan has been appointed lead non-executive director (NED) to the Supreme Court of the United Kingdom (UKSC). His appointment is one of two new UKSC NEDs appointments for a three year term from 1 January 2023. It comes as Kathryn Cearns stands down after five years as a NED and cha

The UK Supreme Court has determined that HM Revenue and Customs has the power to refuse to accept a taxable person’s self-assessment claim and decide at a later date to pay a lower amount than was claimed after an appeal by a Scottish optician business. DCM Optical Holdings Ltd, which trades a