Market leading insight for tax experts
View online issue

Futter & Pitt: the Hastings-Bass principle

Speed read

The Supreme Court has comprehensively reviewed the Hastings-Bass principle in Futter v HMRC, Pitt v HMRC. The principle remains an important remedy, but it is discretionary and will not apply where the applicants have properly relied on professional advice which has turned out to be incorrect. In the future, the court is likely to refuse to use its discretion to provide relief in cases involving tax avoidance.

If you or your firm subscribes to Taxjournal.com, 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 'customer.services@lexisnexis.co.uk' for further assistance.
EDITOR'S PICKstar
Top