United Kingdom First-tier Tribunal (Tax) 6 June 2013, TC 02754 (Mr Philip Ian Murtagh v Commissioners for Her Majesty's Revenue and Customs)

[2013] UKFTT 352 (TC) TC02754 Appeal number: TC/2011/02359 & 05554 Income tax - Alleged trade of managing professional golfers - Loss relief claims against earlier income - Whether Appellant was “trading” - if so, whether the trade was conducted on a commercial basis with a view to the realisation of profits - Appeal dismissed FIRST-TIER TRIBUNAL TAX CHAMBER MR PHILIP IAN MURTAGH Appellant -and-