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Gift from customer - taxable?

Hello,

I'm probably being thick here:

Sole trader receives a £100 Christmas 'gift' from a customer - this is a genuine gift & not in relation to specific work done.

I see this as taxable income - are there any contradictory provisions of which I am unaware?

Comments greatly appreciated - conformation of my sanity would be appreciated!!

Thanks in advance,

Mike

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04th Jan 2013 09:23

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Wholly unexpected and unsolicited amounts are not taxable after Simpson v John Reynolds & Co.

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