Inland Revenue Commissioners v W. Andrew Biggar (a firm).  BTC 332
Inner House of Court of Session.
Judgment delivered 1 July 1982.
Income tax – Profits – EEC Dairy Herd Conversion Scheme – Payments to farmers by Government in return for undertaking to change nature of trade – Whether payments represent capital or income receipts – Income and Corporation Taxes Act 1970, sec. 108(1)(a)(ii) (Sch. D, Case I).
This was an appeal by the Crown from a finding of the General Commissioners that payments to the taxpayers as an instalment on the first premium under the EEC Dairy Herd Conversion Scheme was a capital payment which did not form part of the taxpayers’ income.