Hi,
Could somebody please shed some light as to the eligibility of the deduction of expense in relation to the fine imposed by the council on the company for not meeting the contractual obligations.
Please note that the company and the council in question are parties to the business.
Many thanks
Regards,
Riaz
Fine by the council to the company
3 posts • Page 1 of 1
Fine by the council to the company
by fahim85 on Mon Nov 14, 2011 4:00 pm
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Re: Fine by the council to the company
by Incredulum on Mon Nov 14, 2011 5:08 pm
Tell us a bit more. What was the contract for; what was the "fine" for?
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Re: Fine by the council to the company
by section 44 on Tue Nov 15, 2011 10:52 pm
Presumably either this isn't a fine (and is a payment by agreement) or, if it is a fine, then it isn't for not meeting a contractual obligation.
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3 posts • Page 1 of 1
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