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Cases that caught our eye: 28 August 2020

The presumption of continuity

Stirling Jewellers (Dudley) Ltd v HMRC [2020] UKUT 245 (TCC) (13 August 2020): Where HMRC establishes that a business has underdeclared profits for a year it relies on an important concept – the presumption of continuity – to say that unless there are good reasons otherwise there were similar under declarations...

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