BIM46440 - Specific deductions: professional
fees: capital compensation claims
Fees are capital if incurred on
- Pursuing debts of a capital nature.
- Disputing the amount of a capital
expense.
- Pursuing claims for capital compensation.
Fees in relation to compensation claimed under the Town and Country
Planning Acts (see
BIM51630) in respect of land held as a
fixed asset are capital expenditure.