[2015] UKFTT 0046 (TC)

[The appeal against this decision is reported at [2018] BTC 502.]

Judge David S Porter, Mr John B Adrain

Decision released 29 January 2015

Income tax – Discovery assessment – Effect of Confiscation Order – Confiscation Order assessed on a gross basis –Included a proportion of tax liability – Discovery assessment not disputed – Assessment reduced to prevent double recovery in relation to tax included in Confiscation Order – Additional liability not disproportionate – Appeal allowed in part.

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