Recovery, partnership

Case Law – C Connelly & Co v. Wilbey (HM Inspector of Taxes). [1992] BTC 538

Trading stock

Buildings acquired and resold without development

Case Law – Payne (H.M. Inspector of Taxes) v. Barratt Developments (Luton) Ltd. [1983] BTC 452 ; Payne (H.M. Inspector of Taxes) v. Barratt Developments (Luton) Ltd. [1985] BTC 3

Exceptional increase

Case Law – Pobjoy Mint Ltd. v. Lane (H.M. Inspector of Taxes). [1984] BTC 174 ; Pobjoy Mint Ltd. v. Lane (H.M. Inspector of Taxes). [1985] BTC 138 ; Purchase (H.M. Inspector of Taxes) v. Tesco Stores Ltd. [1984] BTC 130

Finance company, cars purchased for dealers

Case Law – General Motors Acceptance Corporation (UK) Limited v. Inland Revenue Commissioners. [1985] BTC 328 ; General Motors Acceptance Corporation (UK) Ltd v. Inland Revenue Commissioners. [1987] BTC 71

Increase in value

Case Law – Klöckner Ina Industrial Plants Ltd v. Bryan (HM Inspector of Taxes). [1990] BTC 18

Major alteration in conduct of trade

Case Law – Pobjoy Mint Ltd. v. Lane (H.M. Inspector of Taxes). [1984] BTC 174 ; Pobjoy Mint Ltd. v. Lane (H.M. Inspector of Taxes). [1985] BTC 138 ; Purchase (H.M. Inspector of Taxes) v. Tesco Stores Ltd. [1984] BTC 130

Subject to reservation of title

Case Law – Fraser (H.M. Inspector of Taxes) v. London Sports Car Centre Limited. [1984] BTC 409 ; Fraser (H.M. Inspector of Taxes) v. London Sports Car Centre Ltd. [1985] BTC 547

Trading stock implying stock be owned by claimant

Case Law – Fraser (H.M. Inspector of Taxes) v. London Sports Car Centre Limited. [1984] BTC 409 ; Fraser (H.M. Inspector of Taxes) v. London Sports Car Centre Ltd. [1985] BTC 547

Transitional relief, time-limit

Case Law – Bass Holdings Ltd v. Money (HM Inspector of Taxes). [1993] BTC 163

Value of stock

Change of person carrying on trade

Case Law – Inland Revenue Commissioners v. Watson and Philip Limited. [1984] BTC 286

Payments on account, deduction

Case Law – Shaw (HM Inspector of Taxes) v. Samuel Montagu & Co Ltd. [1990] BTC 387

Work in progress

Generally

Case Law – Klöckner Ina Industrial Plants Ltd v. Bryan (HM Inspector of Taxes). [1990] BTC 18

Spare parts/diesel oil held for car delivery service

Case Law – Ashworth (H.M. Inspector of Taxes) v. Mainland Car Deliveries Ltd. [1987] BTC 350