A sole trader who was acquitted of manslaughter but convicted of perverting the course of justice has lost an appeal to deduct his legal costs from his tax bill.
Accountants whose clients deduct business expenses from their tax bill need to ensure that the expenses are solely for the purpose of trade, two recent tax cases have shown.
What is the difference between an investment and a business under the tax system?
With the help of tax advisers, AccountingWEB has assembled a guide to the areas on which taxpayers have appealed late payment and filing penalties. [Updated 5 January 2012]