The Commissioners for HM Revenue and Customs v Julian Blackwell: [2015] UKUT 0418 (TCC)

Upper Tribunal Tax and Chancery decision of Mr Justice Newey and Judge Hellier on 13 August 2015.

• From: HM Courts & Tribunals Service and Upper Tribunal (Tax and Chancery Chamber)
• Published: 1 December 2016

• Category: Tax
• Release date: 13 August 2015

Read the full decision in The Commissioners for HM Revenue and Customs v Julian Blackwell: [2015] UKUT 0418 (TCC).

CAPITAL GAINS TAX – section 38(1)(b) Taxation of Chargeable Gains Act 1992 – whether expenditure incurred “on” an asset and “reflected in the state or nature of the asset at the time of disposal” – whether expenditure incurred “in establishing, preserving or defending … title to, or to a right over, the asset”.

Published 1 December 2016