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(1) SCOTTISHPOWER (SCPL) LIMITED (2) SCOTTISHPOWER RENEWABLES (UK) LIMITED (3) SCOTTISHPOWER (DCL) LIMITED (4) SCOTTISHPOWER ENERGY RETAIL LIMITED v THE COMMISSIONERS FOR HIS MAJESTY’S REVENUE AND CUSTOMS

Hm Courts Tribunals Service

September 5
13:06 2023

Read full decision in Scottish Power Ltd and others v HMRC final decision

CORPORATION TAX whether FTT erred in finding payments pursuant to settlement agreements with regulators were non-deductible no taxpayers appeals dismissed. Whether FTT erred in treating an element of payment which it consider deductible when that payment was part of a package of payments having a penal character yes HMRCs appeal allowed

Published 5 September 2023