Berry gilt strips tax avoidance scheme fails on appeal (Upper Tribunal) | Practical Law

Berry gilt strips tax avoidance scheme fails on appeal (Upper Tribunal) | Practical Law

The Upper Tribunal dismissed the taxpayer's appeal against the First-tier Tribunal's decision that he was not entitled to loss relief for losses suffered as a result of a gilt strip tax planning scheme. (Andrew Berry v HMRC [2011] UKUT 81 (TCC).)

Berry gilt strips tax avoidance scheme fails on appeal (Upper Tribunal)

Practical Law UK Legal Update Case Report 9-504-9836 (Approx. 3 pages)

Berry gilt strips tax avoidance scheme fails on appeal (Upper Tribunal)

by PLC Tax
Published on 02 Mar 2011England, Wales
The Upper Tribunal dismissed the taxpayer's appeal against the First-tier Tribunal's decision that he was not entitled to loss relief for losses suffered as a result of a gilt strip tax planning scheme. (Andrew Berry v HMRC [2011] UKUT 81 (TCC).)