Market leading insight for tax experts
View online issue

Arctic Systems

Simon Sweetman looks at the House of Lords decision in Jones v Garnett and how we got there
So after all this time — the Special Commissioners (won by HMRC on a penalty shootout) the High Court (won by HMRC) and the Court of Appeal (won by the taxpayer) Jones v Garnett is over: the appeal by HMRC has been turned down. It is important to realise that although the verdict was the same the reasoning in the Lords has been completely different and we need to see how and whether our understanding of the various issues may have been clarified.
The Facts
Let us start (for those who have not followed every twist...

If you or your firm subscribes to, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
Please reach out to customer services at +44 (0) 330 161 1234 or '' for further assistance.