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MacKinlay (Inspector of Taxes) v Arthur Young McClelland Moores & Co [1989] UKHL TC_62_704 (23 November 1989)

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MacKinlay (Inspector of Taxes) v Arthur Young McClelland Moores & Co [1989] UKHL TC_62_704 (23 November 1989)

Income Tax – Schedule D Case II – Computation of partnership profits – Large firm of Accountants – Reimbursement of removal expenses of partners required to move to another branch of firm – Whether deductible as expenditure incurred wholly and exclusively for purposes of the profession – Whether, in considering the purpose for which expenditure is incurred, a partnership firm is to be treated as an entity separate from the individual partners – Income and Corporation Taxes Act 1970, s 130(a).
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Source: https://www.bailii.org/

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