Originally posted by TheCyclingProgrammer
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Leeway with 'wholly and exclusively for business use' regarding furniture?
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Originally posted by hobnob View PostI don't think that would work for a suit, but a contractor might be able to claim something similar for "smart casual" clothing.Comment
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Originally posted by TheCyclingProgrammer View Post
Unlikely.
How To Claim Clothing As A Business Expense | One accounting
I know it's a deductible cost for the conferences I used to help organise..
You would also look like a junior employee while wearing it so I wouldn't recommend it.merely at clientco for the entertainmentComment
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Logo's clothing is claimable but turning up with a T-shirt "Dave's Java Jobs" isn't going to look great.
If you want to put your logo on your suit then let us know how it goes. Although who wears suits?!Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishingComment
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Originally posted by d000hg View PostLogo's clothing is claimable but turning up with a T-shirt "Dave's Java Jobs" isn't going to look great.
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now that WFH more is more commn, and needing an office to work from which will only serve as a work space and nothing else, what the HRMC stance on either building at out building which is solely for an office / work purposes.
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Rather than something separate to the building its attached to your current premise but all intents and purposes it will act as the self contained / separate unit, the only difference being is the proximity to the house
Could you
A) only claim office expenditure to kit out either example
B) could you go a step further and claim, via repair and maintenance, the structural costs of either option?Comment
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No chance - dual purpose on sale will trump everything elsemerely at clientco for the entertainmentComment
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Originally posted by eek View PostNo chance - dual purpose on sale will trump everything else'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Originally posted by looonytunes View Postnow that WFH more is more commn, and needing an office to work from which will only serve as a work space and nothing else, what the HRMC stance on either building at out building which is solely for an office / work purposes.
OR
Rather than something separate to the building its attached to your current premise but all intents and purposes it will act as the self contained / separate unit, the only difference being is the proximity to the house
Could you
A) only claim office expenditure to kit out either example
B) could you go a step further and claim, via repair and maintenance, the structural costs of either option?
The only legitimate saving putting the building cost through the business is the VAT but this wouldn’t outweigh the downsides.
Pay for the building personally and if it’s primarily used for business you can expense most of the costs of kitting it out with office furniture and equipment and you can still claim work from home costs.
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Originally posted by TheCyclingProgrammer View Post
Do a search. This has been discussed before. Buildings are explicitly excluded from the “assets provided at an employees home as long as there’s no significant personal use” rule. Therefore you’d be taxed personally on the benefit in kind AND the company wouldn’t save corporation tax either as you cannot claim capital allowances on buildings.
The only legitimate saving putting the building cost through the business is the VAT but this wouldn’t outweigh the downsides.
Pay for the building personally and if it’s primarily used for business you can expense most of the costs of kitting it out with office furniture and equipment and you can still claim work from home costs.
CheersComment
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