May 3, 2026
R (on the application of Derry) v Revenue and Customs [2019] UKSC 19
Mr Derry bought shares for £500,000 and sold them at a loss, claiming share loss relief against his 2009/10 income. HMRC challenged the claim procedurally. The Supreme Court held he was entitled to claim relief in the earlier year under the Income Tax Act 2007. Facts On 22 March 2010...




