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Tax adjusted trading profit - legal fees incurred while leasing business premise

Former userFormer user7y ago

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TTTax Tutor7y ago#1
Look at the OT notes Chapter 4, Section 2.2 (g), page 22 - you will see there that only the cost of renewing a short lease is allowable NOT the cost of acquiring a short lease which is treated as a capital item and is therefore disallowed
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