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Tax Relief
Normally any debt that is 6 months overdue would reasonably be considered as a bad debt
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associated tax relief
For example, if an employee steals from a customer, will your company be liable? Other income and profits is where the business would enter such items as rental income or for start ups taxable new deal payments
Other types of business who principal business is not the resale of transport would enter vehicle running costs in the motor expenses expense category
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