SolvedBIM45575 | Specific deductions: insurance: customers
From HM Revenue & Customs · Business Income Manual
The premiums paid by a trader on insurance policies taken out wholly and exclusively for the benefit of customers are allowable as a deduction.
From HM Revenue & Customs · Business Income Manual
The premiums paid by a trader on insurance policies taken out wholly and exclusively for the benefit of customers are allowable as a deduction.