Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration
Home Saved articles Viewed items Login Contact Free Trial
|

Journo jousting

© Copyright LexisNexis 2024. All rights reserved.

14 August 2012
Issue: 4366 / Categories: Forum & Feedback
A client has had to leave his job as a journalist and a legal case is proceeding against him, although his professional costs are being paid for by his employer. An argument has developed over whether these costs should be declared on a self-assessment tax return and whether a deduction might be claimed

My client left his job as a journalist seemingly under something of a cloud. I am not sure what went wrong but he is expecting to go court again soon and the police are involved.

He is clocking up massive legal fees and I found by chance that his former employer has a contractual commitment to settle these costs.

In addition my client was involved with an earlier court case which took place when he was still employed by his former employer and the fees for this were settled by them as well.

Even though his former employer has not entered details of any of the court costs on the forms P11D in respect of the my client’s period of employment I have advised him that he has an obligation to consider the self-assessment implications of this arrangement – in particular whether he...

If you or your firm subscribes to Taxation.co.uk, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Subscribe Now...

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.

READERS' FORUM premium icon
Read All
Readers forum: Claiming pre-registration input tax Practice tip: 19 December 2024 New Queries: 19 December 2024 Readers’ forum: Should I advise my client to declare income? Readers’ forum: Pension scheme set up as discretionary trust?
FIVE WAYS TO MAKE ACCOUNTS PRODUCTION AND TAX EASIER.
Download the exclusive Xero
free report here.

New queries
Please email any questions you might have
to: taxation@lexisnexis.co.uk.

NEWS premium icon
Read All
Automated tracking system for taxpayers could save £36m a year, study shows Welsh income tax rates are unchanged Business expenditure on R&D rises in 2023 HMRC targets landlords who may have undeclared rents Lump sums cannot be returned to pension scheme
DEADLINE DATES
CASES premium icon
Read All
No extenuating circumstances to extend deadline Delay in issuing penalties was no excuse for late return Sales of occupation income avoidance rules apply Whole of settlement was not subject to tax Payments were taxable as earnings
MOST POPULAR
Readers forum: Claiming pre-registration input tax No extenuating circumstances to extend deadline This week's opinion: 19 December 2024 Automated tracking system for taxpayers could save £36m a year, study shows Welsh income tax rates are unchanged
Copyright © 2024 LexisNexis
back to top icon