Jones V Garnett (HMIT) (Record no. 79112)

MARC details
000 -LEADER
fixed length control field 01827cad a22002055a 4500
001 - CONTROL NUMBER
control field L139865
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 110516e20070725xxk f w 000 0 eng d
035 ## - SYSTEM CONTROL NUMBER
System control number (Sirsi) u139865
041 0# - LANGUAGE CODE
Language code of text/sound track or separate title eng
245 00 - TITLE STATEMENT
Title Jones V Garnett (HMIT)
Medium [electronic resource]
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2007
520 ## - SUMMARY, ETC.
Summary, etc. [2007] UKHL 35, 25 July 2007. The Revenue (G) appealed against a decision that arrangements which the respondent company owner (J) had with his wife had not amounted to a settlement within the meaning of the Income and Corporation Taxes Act s660A(1). J's wife provided administrative support to his computer consultancy company. J was appointed sole director with his wife as secretary. On their accountant's advice, both drew low salaries and distributed the income between them as dividends. G argued that this amounted to a settlement, and that shares in the company given to his wife for the nominal sum of £1 had not been an outright gift within the meaning of the Act. "Held": The Act had defined a settlement quite broadly, and through the introduction of the concept of bounty. Since J's wife had received considerably more worth than her payment of £1 it was unavoidable that there had been a distinct settlement. Once this was accepted it was difficult to avoid the conclusion that a gift had been made. Once this was decided, the definition of an outright gift was no longer helpful. Appeal dismissed.
590 ## - LOCAL NOTE (RLIN)
Local note KA
650 24 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element INCOME AND CORPORATION TAXES ACT 1988
650 24 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element JONES V GARNETT (HMIT) (2007)
651 #4 - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name England and Wales
Chronological subdivision 1543-
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN)
Topical term or geographic name as entry element MANAGEMENT-BUSINESS MANAGEMENT-FINANCIAL MANAGEMENT-BUSINESS TAXATION
856 40 - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="https://www.publications.parliament.uk/pa/ld200607/ldjudgmt/jd070725/jones%20-1.htm">https://www.publications.parliament.uk/pa/ld200607/ldjudgmt/jd070725/jones%20-1.htm</a>
Public note View the judgement free of charge at www.publications.parliament.uk
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Suppress in OPAC 0
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Shelving location Date acquired Total Checkouts Full call number Barcode Date last seen Copy number Price effective from Koha item type
    Dewey Decimal Classification     Virtual Virtual Online 16/08/2007   ONLINE PUBLICATION 139865-1001 06/08/2019 1 06/08/2019 Law report