roll out the facial recognition and ID cards so we can catch those dodgy shoplifters costing us £billions in losses each year.
All media outlets pumping out stories of mass shoplifting.
I always thought that any shoplifting losses were tax deductable.
and it seems to be true on .gov.
https://www.gov.uk/hmrc-internal-manuals/business-income-man...
Allow to the extent not covered by insurance.
The loss of stock-in-trade or of cash in hand by fire, burglary, theft or the negligence of an employee is, in the ordinary course of events, an allowable deduction.
shoplifting is theft
roll out the facial recognition and ID cards so we can catch those dodgy shoplifters costing us £billions in losses each year.
All media outlets pumping out stories of mass shoplifting.
I always thought that any shoplifting losses were tax deductable.
and it seems to be true on .gov.
https://www.gov.uk/hmrc-internal-manuals/business-income-man...
Allow to the extent not covered by insurance.
The loss of stock-in-trade or of cash in hand by fire, burglary, theft or the negligence of an employee is, in the ordinary course of events, an allowable deduction.
shoplifting is theft