Can this not be seen from point of view that with the Driving skills it will allow me more mobility + flexibility to get in touch with clients and increase business...
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It will also allow you to drive down to calais and load up on booze.Originally posted by petu_13 View Post
Or drive round the block for a burger.
Or drive up to sctoland to look at some sheep.
None of which are related to your business.Still InvoicingComment
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Several years back I worked for a company which paid for employees (that already had a licence) to be given refresher driving lessons before allowing them to have a company car. These weren't considered a BIK AFAIK.Comment
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That would most probably come under Health and Safety, rather than teaching a new skill that could in no way be justified as "wholly and exclusively for business"Originally posted by Rody View PostComment
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or a floating duck house...Originally posted by WetBehindTheEars View PostCenedl heb iaith, cenedl heb galon
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Yes. The answer to your actual question is that you can claim your driving test expenses and your lessons through the company. The fact is you can claim anything you want.
However, that's not the real question. That is what is the tax position. There are a number of factors which will govern the most tax efficient way (though the answer is likely to end up being pay them out of your own pocket like anybody else).
These factors are:-
- whether you can claim it against tax if you claim it from the company. Very doubtful.
- whether it will require Class 1A NI Contributions paying on it if expensed. Possibly
- whether the company can take a CT deduction. Probably not.
There is a chance that the most tax efficient way overall is for the company to pay the bills themselves - and these must not be YOUR bills they must be the companys - and not take a CT deduction. Talk it through with you accountant. If he'll let you book them then you can agree between you how it needs to be treated.Comment
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