Tax & Accounting News

Family company dividends test case appeal date

21/11/2006

The Professional Contractors Group has announced that the House of Lords hearing of HM Revenue & Customs' appeal in the Jones v Garnett ("Arctic Systems") test case will not be heard until 5 June 2007.

This means that taxpayers will have to file their 2006 tax returns without the benefit of a final decision, and will have to rely on existing guidance from the UK accountancy and taxation bodies.

 

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