THE Supreme Court has reserved judgment on an appeal by two directors of a construction company against a decision that a scheme under which they received £600,000 in tax-free dividends was a tax avoidance scheme involving a misuse of export sales tax reliefs.

TWO directors of a construction company have appealed to the Supreme Court against a decision that a scheme under which they received some £600,000 in tax-free dividends was a tax avoidance scheme involving a misuse of export sales tax reliefs.