David McKnight (Inspector of Taxes) v Sheppard: CA 7 May 1997
Legal expenses incurred by a professional in defending disciplinary proceedings are deductible from taxable profits. Citations: Times 12-May-1997, [1997] EWCA Civ 1627 Statutes: Income and Corporation Taxes Act 1970 130(a) Jurisdiction: England and Wales Citing: Appeal From – McKnight (Inspector of Taxes) v Sheppard; Sheppard v McKnight ChD 21-May-1996 Legal costs and fines not deductible … Continue reading David McKnight (Inspector of Taxes) v Sheppard: CA 7 May 1997