Arron Banks v HMRC

Banks v HMRC [2020] UKUT 101

16th April 2020

Upper Tribunal (Tax and Chancery)


Arron Banks’ donations to UKIP gave rise to an Inheritance Tax charge because UKIP was not a qualifying political party, the Upper Tribunal has found.



Banks v HMRC [2020] UKUT 101 (TCC) is a decision of the Upper Tribunal concerning whether the strict interpretation of s.24 Inheritance Tax Act 1984 (IHTA) breached Mr Banks’ human rights and constituted a breach of EU law. 


To read more, please click here

Associated Members:

© New Square Chambers Ltd : Barristers regulated by the Bar Standards Board.