Allowable Expenses
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I wonder if anybody could help me? I offered to help a friend with his tax return and now not so sure I have enough knowledge.<BR><BR>Basically the issue is:<BR><BR>He paid a sum of money for a market stall - which he also has to pay rent on. Therefore I would think that the payment was a premium for jumping the market stall queue? Therefore would be a trading expense over the term of having the stall? <BR><BR>What are peoples views? Any help would be appreciated!
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