Page 47 - P6 Slide Taxation - Lecture Day 3 - VAT Part 1

Income from Employment

Deductions

• Legal expenses S11c

• Examples:

• A)incurred in the protection of income.

• B)to prevent diminution of income

• C)to prevent the increase in deductible

expenditure.

• D)to avoid a loss or resist a claim for

compensation.

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