Commentary

V7.473 Bad debt relief—more complex situations

Part V7 Tax planning
Part V7 Tax planning | Commentary

V7.473 Bad debt relief—more complex situations

Part V7 Tax planning | Commentary

V7.473 Bad debt relief—more complex situations

In many situations the amount of bad debt relief that can be claimed is relatively straightforward. See Example 4.

In other situations the amount of bad debt relief that can be claimed is not so straightforward. Example 3 earlier in this chapter is an example of such a situation. Other examples of situations where the amount of bad debt relief that can be claimed may cause a problem are included in the following paragraphs.

Part payment of an invoice

Sometimes a client will pay part of the amount that they are contractually obliged to pay. See

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