[2012] UKFTT 329 (TC)

A taxpayer who paid the sums due under a confiscation order imposed for the fraudulent evasion of duty did not necessarily thereby discharge his liability to tax. The concept of "benefit" as used in the Proceeds of Crime Act 2002 did not equate with a "liability" for tax under the taxing legislation.

FTT (Tax) (Judge Ian Huddleston)

04/05/2012