I was surprised to find out how I could put health insurance and life insurance through my ltd co, so I thought I would ask if it is also possible to pay school fees for my kids from the company?
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What do you think.Originally posted by adam42 View Post
Health Insurance is about keeping the company functional when things happen.
Life Assurance is about keeping the company functional when the worst happens.
School Fees are a benefit to your children and by definition yourself so would definitely be a benefit in kind...merely at clientco for the entertainment -
I can well imagine boarding school fees being paid by the company that sent their employee abroad somewhere. However I don't always expect the logic of a tax and accounts situation to follow the theory, hence my question.Comment
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school fees for offspring in any way a legitimate company expense?
I can just imagine the reaction to the general public who can't afford private education if the privileged got this particular tax break. Even the Bullingdon Club Alumni currently in power wouldn't allow this.Comment
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What one earth makes you think just because you can put life insurance through the company it means you can put school fees through?Originally posted by adam42 View Post
When you say life insurance you do mean a relevant life policy don't you?Last edited by northernladuk; 22 May 2016, 15:35.'CUK forum personality of 2011 - Winner - Yes really!!!!
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The answer is - No.Public Service Posting by the BBC - Bloggs Bulls**t Corp.
Officially CUK certified - Thick as f**k.Comment
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It should be, and then you should also be allowed to expense family holidays during term time, since it affects the performance of their teachers and the rest of the class.
...in other words, no.…Maybe we ain’t that young anymoreComment
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And the prize for the stupidest question of the day goes to...Comment
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I'm not one to take the piss but it truly was!Originally posted by SlipTheJab View Post
Actually I am one to take the piss, aren't I?Comment
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