Aeroassistance Logistics Ltd v Revenue and Customs: FTTTx 4 Apr 2013

FTTTx CORPORATION TAX – Whether sum included as a ‘bad debt’ in accounts was an allowable deduction – Whether assessable on payment made to another company in settlement of litigation – Whether expenditure incurred on business entertainment could be deducted – Whether presumption of continuity applicable to business entertainment – Appeal allowed in part

Citations:

[2012] UKFTT 214 (TC)

Links:

Bailii

Jurisdiction:

England and Wales

Corporation Tax

Updated: 06 February 2022; Ref: scu.472795