Accounting treatment of solicitor fees

UK Discussion in 'Technical Queries' started by mand80, Dec 5, 2018.

  1. mand80

    mand80

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    Hi all, my dad and his business partner are selling the only 2 shares in a small limited company. Currently the company has paid for the solicitors fees on the sale, can this be charged through the P&L of the company as an expense or should it be reflected as a dividend payment?
     
    mand80, Dec 5, 2018
    #1
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  2. mand80

    Manish45

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    It is an Expense.
     
    Manish45, Dec 16, 2018
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