CASES

Capital repayment by a UK limited company not excluded from Transactions in Securities regime

Loan charge determinations upheld as Ramsay requires genuine economic cost

Entitlement to BADR formed part of the subject matter of closure notice

Whether property was non-residential

UT denies taxpayer costs protection application: In HMRC v J Wardle [2026] UKUT 335 (TCC) (28 August), the UT rejected the taxpayer’s application for protection against an adverse costs order in HMRC’s appeal concerning when his partnership’s trade...

Developer profits were ‘income derived from immovable property’ under DTT so UK retained taxing rights, Upper Tribunal rules

Company was ‘trading’ for entrepreneurs’ relief purposes

GLO test case ruling not binding where legal basis later shown to be wrong

Director’s loan balance written off on liquidation

First-year capital allowances claim on oilfield plant and machinery allowed