Revenue Precedent

The content shown on this page describes precedents set by Revenue judgements. To view the section of legislation to which the precedents apply, click the link below:

Revenue Precedents

Personal bank statements are not “records” within the meaning of section 886 if they relate solely to personal transactions and are not such as would be used so as to enable true returns to be made of the profits or gains or chargeable gains of the trade, profession or other activity carried on by the person. IT923062