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bigduckontax
bigduckontax, Accountant
Category: Tax
Satisfied Customers: 4195
Experience:  FCCA FCMA CGMA ACIS
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I'm a solo trader. I was involved in taking a non paying customer

Resolved Question:

I'm a solo trader. I was involved in taking a non paying customer to small claims court, however they counterclaimed. It got very messy so I desided to get out of the situation and ended up paying them. Can I now claim that payment against my tax?
Submitted: 1 year ago.
Category: Tax
Expert:  bigduckontax replied 1 year ago.
Hello, I am Keith, one of the experts on Just Answer, and pleased to be able to help you with your question. Legal fees disbursed in connection with your business are allowable against Income Tax (IT). I do hope that you have found my reply of assistance.
bigduckontax and other Tax Specialists are ready to help you
Customer: replied 1 year ago.
Thank you
Expert:  bigduckontax replied 1 year ago.
Thank you for your support.