Dear All,
I have asked HMRC 3 times now what is their official policy on the deductibility of ransomware payments and had no response. I am no lawyer, but I believe that these are payments that could be termed as being made in response to blackmail or extortion. And yet they are rife, and to all intents and purposes a common (albeit highly undesirable) business expense.
Any thoughts? Do people think they are allowable / should be allowable?
Kind regards,
Lambs
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