DVLA Penalty

T.C.

I a company receives a penalty for late licensing is this claimable as an expense?

janwal

We put ours through as Motor Expenses

Guest

We put ours through as Motor Expenses and disallow in tax comp

clegganator

Same motor expenses but we have sub accounts. Makes for a better analytical review. They are

Fuel
Tax & Insurance
Repairs
Others (penalty would go here) and
Mileage

T.C.

Guest wrote: »

We put ours through as Motor Expenses and disallow in tax comp

So disallow in tax comp then??

Monsoon

Pentalties for breaking the rules are typically disallowable so I would disallow.