26 May 2015
UT Decision: Manduca v HMRC
Income tax – Appeal against closure notice – “Investment bonus” to be paid to hedge fund managers in connection with the transfer of management of the hedge fund from one company to another – Whether payment within Schedule D Case VI – In the circumstances, yes – Appeal dismissed
Jonathan Bremner acted for HMRC.
Charles Bradley, instructed by Graham Taylor, acted for the Appellant.
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