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T. crowther  
#1 Posted : 16 January 2010 10:35:22(UTC)
Rank: New forum user
T. crowther
I have just read a case where a company has been prosecuted after an employee fell 20 feet to the ground. The outcome was a fine £2,400 and £9,162 costs.

I am aware that fines are not a tax deductable expense for the company but I'm not so sure about the costs. If the costs are a tax deductable expense, surely this means that the government is paying almost 50% of this and, in the case above, substantially reduces the impact of the overall penalty for the offence.

Does anyone know if court costs are a Tax deductable expense?

TC
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Canopener  
#2 Posted : 16 January 2010 11:24:12(UTC)
Rank: Super forum user
Canopener
No idea myself, but an interesting question for sure.
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User is suspended until 03/02/2041 16:43:28(UTC) IanBlenkharn  
#3 Posted : 16 January 2010 17:54:57(UTC)
Rank: Forum user
IanBlenkharn
Costs are a business expense and are tax deductable
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