[2004] EWHC 550 (Ch).

Chancery Division.

Lewison J.

Judgment delivered 10 March 2004.

Income tax – Schedule D – Taxpayer independent contractor entered franchise agreement with dairy – Taxpayer carried on business activities at home – Daily travel to dairy depot to collect float and milk to deliver on round – Taxpayer claimed deduction for expenditure on journey from home to depot – Whether expenditure wholly and exclusively laid out for purposes of trade – Income and Corporation Taxes Act 1988, s. 74(1)(a).

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.