Amanda Hardy QC and Oliver Marre appear in First-tier Tax Tribunal case on “just and reasonable” apportionment for Capital Gains Tax charges

Amanda Hardy QC and Oliver Marre appeared for the appellant tax payers before the First-tier Tribunal last week in a hearing relating to the on-going Lee & Bunter v HMRC litigation arising from the disposal of a valuable mobile telephone business.
This hearing, before Judge Brannan, concerned the correct interpretation and application of the business asset taper relief provisions (the predecessor to the current Entrepreneurs’ Relief code). Judgment is awaited.