Business · 1 July 2026

HMRC Wins Supreme Court Case Against BlueCrest

Philafrenzy via Wikimedia Commons (CC-BY-SA-4.0)

Businesses could face greater certainty over how some partnership members are taxed after the ruling. Britain's Supreme Court rejected BlueCrest Capital Management's appeal on Wednesday, backing HM Revenue and Customs in a dispute over whether relevant members should pay tax as employees instead of partners. HMRC sought about £142 million in tax plus £55.3 million in national insurance contributions.

By BriefTea Editorial · 1 July 2026 at 18:57

Reported by Reuters · How we write briefs

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