[2025] UKUT 00164 (TCC) Nellsar Limited v The Commissioners for His Majesty's Revenue and Customs

Upper Tribunal Tax and Chancery decision of Mr Justice Mellor and Judge Brannan on 2 June 2025

• From: HM Courts & Tribunals Service and Upper Tribunal (Tax and Chancery Chamber)
• Published: 3 June 2025

• Category: Tax
• Release date: 3 June 2025

Read full decision

CORPORATION TAX 바카라 사이트搑elief for amortisation of goodwill 바카라 사이트� Schedule 29 Finance Act 2002 & Part 8 Corporation Tax Act 2009 바카라 사이트� purchase of care home businesses including properties 바카라 사이트� allocation of purchase price to goodwill (available for subsequent amortisation with corresponding corporation tax debits) and underlying real property바카라 사이트� UK GAAP 바카라 사이트� Financial Reporting Standards 6 & 7 바카라 사이트� RICS 바카라 사이트淩ed Book바카라 사이트� valuation principles 바카라 사이트� goodwill amounts dependent on property valuations 바카라 사이트� FTT concluded the properties should be fair valued under UK GAAP using market value rather than depreciated replacement cost 바카라 사이트� whether FTT바카라 사이트檚 conclusion open to it on the evidence 바카라 사이트� Edwards v Bairstow Stamp Duty Land Tax 바카라 사이트� just and reasonable apportionment of price paid for properties and for goodwill 바카라 사이트� paragraph 4, Schedule 4 Finance Act 2003

Published 3 June 2025