Practice Question 10 – John

This topic has 1 reply, 2 voices, and was last updated 11 years ago by Tax Tutor.

Viewing 2 posts - 1 through 2 (of 2 total)

Author

Posts
April 17, 2015 at 12:55 am #241559
merotchi
Member
- Topics: 1
- Replies: 6
Hello Sir,

A gift to a member of staff upon marriage – i added it back as I didn’t think it was allowable. but in the answer sheet it has been omitted altogether.

Please advise, Many thanks
April 18, 2015 at 11:50 am #241695
Tax Tutor
Member
- Topics: 2
- Replies: 3960
Gifts to staff are allowable deductions for the trade – as in this question “Christmas presents for staff” have a zero adjustment. This gift should also have been shown with a zero adjustment rather than omitted. Thank you for pointing this out!
Author

Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.