ICAEW.com works better with JavaScript enabled.

Continue reading

J Netley and HMRC

TCO 5904 Appeal number TC/2011/0610

This 2017 Tribunal decision related to the value of shares for gift aid purposes. Readers may recall the case of N Green v HMRC relating to a company, Chartersea, which had been listed on the Channels Islands stock exchange.

Both cases related to claims that shares had marvellously increased in value by a factor of 4 or more as a result of being placed on a public exchange.