Poulter (H.M. Inspector of Taxes) v Gayjon Processes Ltd.  BTC 112
Judgment delivered 18 January 1985.
Corporation tax – Sch. D, Case I assessment – Computation of profits – Whether temporary employment subsidy was trading receipt.
This was an appeal by the Crown against a decision of the Commissioners for the General Purposes of Income Tax for the Hyde and Stalybridge Division of the County of Greater Manchester that a sum paid by way of Government grant with the express purpose of keeping down or alleviating unemployment was not a trade receipt.