[QUOTE=Just1morethen;797729]
If you are a sole trader you are correct. But if the expense is a expense of a Limited company then it often needs to be "necessary" because the decision is made by an employee. If you follow all three, you are less likely to have a problem, as some Ltd company expenditure is not allowable - because the expenditure is for "non trading" reasons, they are not allowable, as a trading expense because it is not "necessary" for trading purposes.....
Originally posted by Little'Old Me
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