Mobbs v CofT – Payments and shares issued to a company providing individual’s services as a director, treated as individual’s income
On 10 February 2022, the AAT decided that payments made by various entities, to a service company, for the individual’s services, as a director, were ordinary income of the individual (and not the service company). It reached a similar conclusion about shares that these entities, issued to the service company, to satisfy the invoices. The…