[2019] UKFTT 0483 (TC)

Judge David Bedenham

Decision released 26 July 2019

Capital gains tax – whether payment exempt by virtue of TCGA 1992, s. 51(2) – no – appeal dismissed.

Robinson [2019] TC 07286

Summary

The First-tier Tribunal has held that a payment received in settlement of Bermuda litigation relating to fair value of shares was not a payment by way of compensation or damages for personal injury irrespective of the shareholder’s motives in bringing the claim.

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