I've been told by my accountant that membership of the PCG is not allowed by HMRC as an allowable company expense (and as such has to be paid for personally)? Can anyone confirm if this is this definitely the case?
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PCG Membership an allowable company expense?
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Originally posted by kal View PostI've been told by my accountant that membership of the PCG is not allowed by HMRC as an allowable company expense (and as such has to be paid for personally)? Can anyone confirm if this is this definitely the case?Rhyddid i lofnod psychocandy!!!! -
Long discussion on it in the thread below but the post most worthy of not is on page 4 where Mal admits he is wrong. Worth the research for that lone
As the argument got so convoluted I can't make it out but it appears you can pay for it through the company but can't offset it against CT and it will incur BiK.
It's an old link so something might have changed...
http://forums.contractoruk.com/accou...5-expense.html'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Originally posted by northernladuk View PostComment
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Originally posted by kal View PostI've been told by my accountant that membership of the PCG is not allowed by HMRC as an allowable company expense (and as such has to be paid for personally)? Can anyone confirm if this is this definitely the case?
You may also note the later thread also agrees with my original assertion regarding BIKs...Blog? What blog...?Comment
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What I will say is regardless of how much it is, it's worth it's weight in Gold so glad I signed up for the Plus membershipIn Scooter we trustComment
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