Jones v. Garnett (Inspector of Taxes) – Times Law Reports

Posted August 10th, 2007 in dividends, income tax, law reports, married persons, small businesses by sally

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

Jones v. Garnett (Inspector of Taxes)

House of Lords

“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.”

The Times, 9th August 2007


Please note the Times Law Reports are only available free on Times Online for 21 days from the date of publication.