Chancery Division.

[The appeal against this decision is reported at [1999] BTC 357.]

Laddie J.

Judgment delivered 20 January 1998.

Capital gains tax – Retirement relief – Condition to be satisfied that individual worked ‘full-time’ for company – Whether plaintiff who spent 85 to 90 per cent of his time on the company’s business and ran another business as sole trader qualified for relief – Taxation of Chargeable Gains Act 1992, s. 163(5)(b); Sch. 6, para.1(2).

Want to read more?

This content requires a Croner-i Tax and Accounting subscription.

Existing subscriber? Log in

No subscription?

Contact us to discuss your requirements.