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The cost of trainer is an allowable expense for tax purposes or not?
Ok, I will rise... What on gods earth makes you think you can expense a PERSONAL trainer to the company?
Quick rule of thumb to save you any further embarrassment... expenditure cannot be deducted in computing trading profits unless it is incurred wholly and exclusively for the purposes of the trade, profession or vocation. Easy..
Well, I don't feel embarrassed to ask questions that I don't really know about. That is the way how I get to learn things even sometimes having to encounter some impolite people like you.
Thank you very much! That is exactly what I was asking.
Ah! Right, now it becomes clear!
No, he can't.
"I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
- Voltaire/Benjamin Franklin/Anne Frank...
But you can use trainers for his own personal sessions and wearing generally so are not specialist, safety or uniform so would fall under duality surely.
'CUK forum personality of 2011 - Winner - Yes really!!!!
But you can use trainers for his own personal sessions and wearing generally so are not specialist, safety or uniform so would fall under duality surely.
They covered that in the comments of the link (under a couple of arguments).
If you run a lot (as you need to to be a PT) you need specialist footwear to avoid injury.
It's a grey area but its all arguable, so that's why the bean counters seem to fall on the side of "claim it".
"See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."
They covered that in the comments of the link (under a couple of arguments).
If you run a lot (as you need to to be a PT) you need specialist footwear to avoid injury.
It's a grey area but its all arguable, so that's why the bean counters seem to fall on the side of "claim it".
I thinks a sports bra is different to trainers as it is protective. Trainers are worn for fashion as well as sports. Not so a sports bra but as Jessica would say claim it and let them argue it later. Just depends on attitude to risk and if the money saved is worth it.
Don't forget also that often gym types live in trainers. Friend of ours works at a gym chain and it appears the only time he wears anything else is at a wedding or funeral.
Would be interested to know if the ops friend claims all other parts of his kit or not and why he picked trainers particularly.
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