Log in to your account

FREE Sign up to Accountancy Daily and enjoy

- Unlimited analysis & case report access
- Exclusive surveys & industry updates
- And much, much more...
HMRC has won another tax avoidance case against two film leasing schemes, with the Upper Tribunal (UT) agreeing they had not been trading and that the partners were not entitled to sideways loss relief because the businesses of the partnerships were not conducted on a commercial basis with a view to a profit