[2010] UKFTT 218 (TC)

[The appeal against this decision is reported at [2011] BTC 1,675.]

Nicholas Aleksander (Chairman), Philip Gillett (Member)

Decision released 13 May 2010

Corporation tax – trading profits – mistake – taxpayer supplying recruitment services to customers – customers making payments by mistake – unclaimed amounts transferred to balance sheet account and released to profit and loss account at financial year end – mistaken payments constituting trading receipts accruing or arising from trade for tax purposes – taxpayer’s appeal dismissed

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