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Where Taxpayers and Advisers Meet

Enquiry expenses

chris.nunn@bclaccoun
Posts: 1
Joined: Wed Aug 06, 2008 3:12 pm

Postby chris.nunn@bclaccoun » Mon Aug 09, 2004 2:29 am

can accountancy costs in a non negligent/fraudulent case be offset against the tax year being investigated as opposed to the current tax year when taxed at 22% against 40%

Simon Sweetman
Posts: 1690
Joined: Wed Aug 06, 2008 3:11 pm

Postby Simon Sweetman » Mon Aug 09, 2004 11:16 pm

It seems unlikely - we are simply looking at the normal rules here and the expenditure can only be allowed against income when it is incurred, which is during the period of the enquiry.


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