PGBP income

whether Gold coin awarded to customer of rs. 12000 is allowable expenditure to compute income under head PGBP.

what if rs 9000 instead of 12000?
Replies (2)
Quick Summary
This discussion explores whether awarding a gold coin to customers, valued at £12,000 or £9,000, constitutes an allowable expenditure when calculating income under the head 'Profits and Gains from Business or Profession' (PGBP). The consensus suggests such expenses are generally not allowed, even for amounts less than £10,000.

Not allowed
Even less than 10000?

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