Originally posted by LisaContractorUmbrella
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Car vandalised whilst at ClientCo - Repairs reimbursable?
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Mine did. If it had been in my garage rather than parked in an urban warzone next to the Scottish & Newcastle brewery in Newcastle, then it would not have been vanadalised. My employer took the same view and reimbursed me for the cost of the repairs in full, including use of a hire car while mine was unavailable. It did not appear on my subsequent P11D.I'm Spartacus. -
Ah, the "two wrongs make a right" school of expense claiming.Originally posted by Spartacus View PostI take a contrary view and say go for it. It's only a few hundred quid. In the big scheme of things who's going to notice or care?
Put it in the company minutes at your next board meeting if you like. YourCo felt bad about it because it happened on a business trip so offered to reimburse you for the cost of the repairs.
It actually happened to me once as a permie. Went on a business trip to Newcastle and parked in the street next to the company premises. When I came out the headlights had been kicked in and all the panels keyed. The company paid for all the repairs (and paid for a hire car while mine was in the shop). Did it appear on my P11D? Did it bugger.
Why stop there - why not just pretend the car was vandalised and get the company to give you the money every so often anyway? Much simpler and saves on the inconvenience of actually having to get the car repaired.Comment
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Can I claim for the pair of trousers I've soiled pissing myself laughing at this? :-)
Then again, OP may need to claim for a new pair of trousers when he bricks himself when HMRC knock on his door and want to talk about dodgy expenses claims.Rhyddid i lofnod psychocandy!!!!Comment
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There is a slight difference if you are the sole Director and sole employee. The rules aren't the same for multi-Director, multi-employee Companies.
You cannot legally claim for this, since your mileage that you charge to YourCo. covers ALL vehicle expenses incurred. You were not forced to take YourCar to YourClient on behalf of YourCo.
You can take a chance and put it through YourBooks and hope that you don't get investigated / audited...
I wouldn't...I was an IPSE Consultative Council Member, until the BoD abolished it. I am not an IPSE Member, since they have no longer have any relevance to me, as an IT Contractor. Read my lips...I recommend QDOS for ALL your Insurance requirements (Contact me for a referral code).Comment
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Also, isnt it like saying, honest, I had to drive to scotland once a week so heres 800 miles at 45pm a mile to claim.Originally posted by Spartacus View PostI take a contrary view and say go for it. It's only a few hundred quid. In the big scheme of things who's going to notice or care?
Put it in the company minutes at your next board meeting if you like. YourCo felt bad about it because it happened on a business trip so offered to reimburse you for the cost of the repairs.
It actually happened to me once as a permie. Went on a business trip to Newcastle and parked in the street next to the company premises. When I came out the headlights had been kicked in and all the panels keyed. The company paid for all the repairs (and paid for a hire car while mine was in the shop). Did it appear on my P11D? Did it bugger.
At the end of the day, the chances of HMRC ever even noticing let along checking it are almost nil but its still dodgy.Rhyddid i lofnod psychocandy!!!!Comment
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I'm just telling you what actually happened to me when it actually happened to me. My employer reimbursed me for the cost of the repair and there was no tax implication. That may have been right or it may have been wrong, but that's what happened.
I'm sure all the other theoretical opinions on what might happen from the armchair experts are just as valid
So saying, next time have YourCo buy the car and then you lease it off them.I'm Spartacus.Comment
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Not really, as the damage was real, occurred on a business trip, and would not have occurred otherwise. On hearing of what had befallen me, my employer felt it was their responsibility and sorted everything out. As I was working for a global giant with armies of lawyers and accountants at its disposal, I pretty much assumed they got it right.Originally posted by psychocandy View PostAlso, isnt it like saying, honest, I had to drive to scotland once a week so heres 800 miles at 45pm a mile to claim.
At the end of the day, the chances of HMRC ever even noticing let along checking it are almost nil but its still dodgy.
Maybe they didn't. Perhaps I should hand myself in for tax fraud?I'm Spartacus.Comment
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Reading this thread reminded me of Alan Partridge. (A-haaa)
https://cakeheadlovesevil.files.word...6/472142-2.jpgComment
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Lots of companies offer free/subsidised gym membership to employeesOriginally posted by LisaContractorUmbrella View PostThat's like saying that you should be able to claim liposuction because if you weren't a contractor who sat at his desk for 8 hours a day you wouldn't have got fat and wouldn't have needed the op.
Actually, how do they do that and you don't have to put it on your PAYE? If a contractor Ltd did this it would be a BIK.Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishingComment
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There is an exemption for employee only facilities but otherwise it IS a BIK and needs to be reported on P11D and also incurs Class 1A NIC:Originally posted by d000hg View PostLots of companies offer free/subsidised gym membership to employees
Actually, how do they do that and you don't have to put it on your PAYE? If a contractor Ltd did this it would be a BIK.
HM Revenue & Customs: Sporting or recreational facilitiesComment
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