![TC09615 - [2025] UKFTT 01016 (TC)](https://backend.juristeca.com/files/emisores/logo_7HSuEAV.png){kind=logo}
The Section 66 Issue
The Section 66 Issue
I deal first with all relevant years except 2013-14; that year is considered separately at §78ff. I begin by summarising the parties’ submissions, and then explain my conclusions.
- Heading
- Introduction
- Evidence
- The Closure Notices
- Closure Notice for 2010-11
- Closure Notice for 2011-12
- Closure Notice for 2012-13
- Closure Notice for 2013-14
- Closure Notices for 2014-15 and 2015-16
- The Statement of Case
- The Application and the Response
- The Scope of this hearing
- Preliminary issue
- The legislation
- Tower MCashback
- Fidex
- Investec
- The Section 66 Issue
- The parties’ submissions
- Discussion and conclusions
- The GAAP Issue
- Lower of cost and NRV
- Submissions and my view
- The year 2013-14
- Permission to amend grounds
- Conclusions