free samples and taxation

Free Samples and Tax

This piece is being written with S46/47 Income Tax Act 2005 and S1299/1300 Corporation Tax Act 2009 in mind. HMRC’s manuals, BIM45032 and BIM45071 are also considered. There is a handful of inaccurate information on the net associating free samples with entertainment expenses. The fact is the cost of free samples given to the public … Continue reading →