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Lloyd Webbers beat HMRC in £6m Barbados CGT case

Musical impresario Andrew Lloyd Webber has won a tax case against HMRC over a claim for a capital gains tax rebate over development of a luxury beachside mansion in Barbados which was never completed.

Lloyd Webbers beat HMRC in £6m Barbados CGT case
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Lloyd Webbers beat HMRC

At the time of the CGT dispute, the Lloyd Webbers were UK tax resident and domiciled in England. The losses claimed were £3,124,312 for Lord Lloyd Webber (ALW) and £3,124,311 for Lady Lloyd Webber (MLW) for a beachside development.  

Read more at the Accountancy Daily

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