[2016] UKFTT 0765 (TC)

Judge Harriet Morgan

Decision released 15 November 2016

Corporation tax – Whether payments made wholly and exclusively for the purposes of the trade under Corporation Tax Act 2009 (CTA 2009), s. 54 – Appeal allowed.

  The sponsorship payments to a motor racing driver who was related to the main decision maker of the business were held to be allowable.

Summary

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