BIM42125 | Deductions - scope of: partnerships
From HM Revenue & Customs · Business Income Manual
Payments made by a partnership towards the personal or domestic expenses of a partner are disallowable on dual-purpose grounds.
See:
| > Heastie v Veitch & Co [1933] 18TC305 | |
|---|---|
| > MacKinley v Arthur Young McClelland Moores & Co [1989] 62TC704 |
For detailed discussion see onwards.