CASES

Trade losses not recoverable: Losses made in a trade carried on by a sole trader can be set against his or her other income. However, relief is not available where the trade is not carried on a commercial basis with a view to profit. C Macdonald v...

Upper Tribunal decides that HMRC lawfully refused late claim under SP 5/01

Foreign property added to excluded property settlement when deemed domiciled is not relevant property

Secure mental health unit for children did not qualify for zero-rating

Discovery assessment invalid

Principal private residence relief available: R Eyre and another v HMRC[2025] UKFTT 461 (TC) (23April) is not the first case on CGT private residence relief where HMRC have challenged availability of the relief on the basis that there has been...

Court of Appeal finds that distributions debited to company’s share premium account were dividends that were not capital in nature

Cider excluded from reduced VAT rate for hospitality and tourism

Agent liability to pay VAT on imports

Strike out of appeal after failure to cooperate: J Firth v HMRC [2025] UKFTT 428 (TC) (15 April) is a long decision on whether the FTT should accede to HMRCs request to strike out an appeal. This was on the basis that the taxpayer had failed...