2007-02-01 04:29:07 · 8 answers · asked by teaboy 2 in Business & Finance ➔ Taxes ➔ United Kingdom
Sorry, I should have been more precise. I was talking about tickets incurred by a company's delivery fleet.
2007-02-01 04:59:10 · update #1
No. A parking fine is intended to be a penalty, plus it does not contribute to a business earning its profits.
This was considered in the 1999 tax case of McKnight v Sheppard, where the judge said the following.....
"a fine or penalty is not deductible because its purpose is to punish the person concerned and it may easily be concluded that the legislative policy would be diluted if that person were allowed to share the burden with the rest of the community by a deduction for the purposes of tax"
2007-02-01 05:38:17 · answer #1 · answered by notmarriednochildren 4 · 1⤊ 0⤋
Yes, if you are incurring the charge as part of running your business but not for parking your car during the day if you commute by car.
2007-02-01 04:32:34 · answer #2 · answered by agius1520 6 · 0⤊ 1⤋
I wouldn't think you'd be given any benefit for breaking the law.
2007-02-01 04:38:07 · answer #3 · answered by Anonymous · 0⤊ 0⤋
simple answer no.imagine the cost to the treasurer .
2007-02-01 04:37:10 · answer #4 · answered by Anonymous · 0⤊ 0⤋
...hang on, i think a pig just landed in the street outside...
2007-02-01 04:35:39 · answer #5 · answered by wild_eep 6 · 0⤊ 0⤋
Don't know but would be nice if they were?
2007-02-01 04:32:19 · answer #6 · answered by Anonymous · 0⤊ 0⤋
You should be so lucky!
2007-02-01 04:32:22 · answer #7 · answered by Greybeard 7 · 0⤊ 0⤋
NO
2007-02-01 04:31:53 · answer #8 · answered by bassmonkey1969 4 · 0⤊ 0⤋