Related Commentary  Related HMRC Manuals

45(1)  The general rule is that no deduction is allowed in calculating the profits of a trade for expenses incurred in providing entertainment or gifts in connection with the trade.

45(2)  A deduction for expenses which are incurred–

(a)in paying sums to or on behalf of an employee of the person carrying on the trade (“the trader”), or

(b)in putting sums at the disposal of an employee of the trader,

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