Our website is set to allow the use of cookies. For more information and to change settings click here. If you are happy with cookies please click "Continue" or simply continue browsing. Continue.

Family Law

The leading authority on all aspects of family law

13 AUG 2007

Husband not liable for tax on his wife's private dividend

The House of Lords decided on 25 June 2007 that a spouse who used a private company to transfer some of his earned income to the other spouse was not liable to pay tax on that income, provided the other spouse's shares in the company were ordinary shares which carried a right to more than mere income. In Jones v Garnett (Inspector of Taxes) (2007) The Times, August 9, the Law Lords dismissed an appeal by the Inland Revenue from a decision of the Court of Appeal ([2006] 1 WLR 1123). For further information see http://business.timesonline.co.uk/tol/business/law/reports/article2224521.ece

Red Book Plus

Family Court Essential Materials

This ready reference guide for all family court practitioners and judges provides a portable...

More Info from £55.00
Available in Family Law Online

Family Court Practice, The

(Red Book)

Pre-order the 2017 edition today

More Info from £498.00
Available in Family Law Online
Subscribe to our newsletters