Originally posted by qian
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The cost of trainer is an allowable expense for tax purposes or not?
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I appreciate that's the answer you're looking for, but your friend needs to understand the reasons why he can and can't claim enough to be able to argue the point should an inspection come calling."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." -
What's the cost of a good pair of trainers these days, £80?, £100? If so is it worth the risk of HMRC coming calling for a £20 CT saving at most?Originally posted by Moscow Mule View PostI appreciate that's the answer you're looking for, but your friend needs to understand the reasons why he can and can't claim enough to be able to argue the point should an inspection come calling.Comment
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A good point well made and another consideration when talking about the risk...Just because the company buys it it does not mean it does not cost you personally.Originally posted by kal View PostWhat's the cost of a good pair of trainers these days, £80?, £100? If so is it worth the risk of HMRC coming calling for a £20 CT saving at most?'CUK forum personality of 2011 - Winner - Yes really!!!!
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About that, depends if you want the latest or not (£150 if you do).Originally posted by kal View PostWhat's the cost of a good pair of trainers these days, £80?, £100? If so is it worth the risk of HMRC coming calling for a £20 CT saving at most?
Thing is, they need replacing every 3 months or so depending on how much you run about so that brings it up to the cost of a cheap laptop in a year - would you put that through the company?"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."Comment
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You would get pulled if you put a laptop a year through the company. That was asked by someone awhile ago. Do you know a PT changes his trainers every 3 months? A lot of assumptions being made here to make the solution fit.Originally posted by Moscow Mule View PostAbout that, depends if you want the latest or not (£150 if you do).
Thing is, they need replacing every 3 months or so depending on how much you run about so that brings it up to the cost of a cheap laptop in a year - would you put that through the company?'CUK forum personality of 2011 - Winner - Yes really!!!!
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Not really, they aren't paid enough!Originally posted by northernladuk View PostYou would get pulled if you put a laptop a year through the company. That was asked by someone awhile ago. Do you know a PT changes his trainers every 3 months? A lot of assumptions being made here to make the solution fit.
Running shoes should be replaced every 3-400 miles."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."Comment
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Yep fashion ballet shoes are difference from dance ballet shoes.Originally posted by northernladuk View PostI thought they were specialist with the wooden toes and no sole so not everyday wear... but I am no expert either lol
Therefore a dance teacher or even an exercise teacher would be able to claim "dance shoes" there as they would not be able to claim their trainers.Last edited by SueEllen; 29 May 2013, 18:49."You’re just a bad memory who doesn’t know when to go away" JRComment
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Depending on your foot size you can get running shoes from £40 especially if you shop wisely on the internet.Originally posted by Moscow Mule View PostNot really, they aren't paid enough!
Running shoes should be replaced every 3-400 miles.
Also if you do go through shoes that quickly you have a minimum of 2 pairs on the go and you make sure you buy a few pairs every time there is a sale.
Specialist running, cycling, dance and climbing shoes are not an every day item so using the dance/exeise teacher analogy - if the personal trainer brought "adiddas trainers" from Sports Direct/Footlocker they would clearly could be seen as a everyday item then they can't put them through the books but if they brought "addidas trail running shoes" from their local running shop or a specialist internet retailer they could as they aren't an everyday item."You’re just a bad memory who doesn’t know when to go away" JRComment
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Glad we got that sorted :-)Originally posted by SueEllen View PostYep fashion ballet shoes are difference from dance ballet shoes.
Therefore a dance teacher or even an exercise teacher would be able to claim "dance shoes" there as they would not be able to claim their trainers.Comment
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Yes he does. Anyway, you can claim the trainer.Originally posted by qian View PostWell, even an accountant doesn't know all the questions and it doesn't matter the questions are stupid or not. You don't have to be rude in the public.Comment
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