Maurice Parry-Wingfield Tax Director Deloitte criticises the High Court decision that Mars should add back the whole of the year's depreciation even though part of it has been carried forward in stock
Mars has suffered a reverse before the High Court on depreciation charged to trading stock (Small v Mars UK Ltd [2005] EWHC 553 (Ch)) hopefully only temporarily. Readers may feel they have heard rather a lot from me on the subject with articles in The Tax Journal (14 October 2002 Issue 664 and 21 October 2002 Issue 665) on the Revenue's Tax Bulletin 59 of 1 July 2002; and articles (on 12 April 2004 Issue 736 and 17 May 2004 Issue 741) on the Special Commissioners' decisions in the joint case...
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Maurice Parry-Wingfield Tax Director Deloitte criticises the High Court decision that Mars should add back the whole of the year's depreciation even though part of it has been carried forward in stock
Mars has suffered a reverse before the High Court on depreciation charged to trading stock (Small v Mars UK Ltd [2005] EWHC 553 (Ch)) hopefully only temporarily. Readers may feel they have heard rather a lot from me on the subject with articles in The Tax Journal (14 October 2002 Issue 664 and 21 October 2002 Issue 665) on the Revenue's Tax Bulletin 59 of 1 July 2002; and articles (on 12 April 2004 Issue 736 and 17 May 2004 Issue 741) on the Special Commissioners' decisions in the joint case...
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If you do not subscribe but are a registered user, please enter your details in the following boxes:
