Can cost of drawing up a will ever be, in part, a business expense?

Client has paid to have his will drawn up. Most of his assets are his business. He is adamant that this is a business expense (for both income tax as sole trader, and VAT) - despite me saying the contrary. I can't really see my way to agreeing with him, even in part.

On the other hand .... if it was advice on the sale of his business, I suppose that would be deductible and, at a stretch, disposition on death is akin to a sale. What does the team think?

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It would depend

LyneT |
LyneT's picture

Nope

Exector |

@Exector

Red Leader |
Red Leader's picture

Purpose

George Attazder |
George Attazder's picture

Interesting question

Marion Hayes |

George

The Innkeeper |

business purposes

Exector |