Damages for breach of contract
Damages for breach of contract
Author
Discussion

PurpleMoonlight

Original Poster:

22,362 posts

187 months

Wednesday 15th March 2017
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If a Ltd agrees to pay damages out of court for breach of contract, is the payment treated as a business expense for profit/corporation tax assessment?

Simpo Two

92,974 posts

295 months

Wednesday 15th March 2017
quotequote all
Oops.

New column - 'Payouts' smile