• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

The cost of trainer is an allowable expense for tax purposes or not?

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    The cost of trainer is an allowable expense for tax purposes or not?

    I have a friend who is a personal trainer and would like to know if he can claim the cost of trainers as tax allowable expense. Thank you.

    #2
    I'm sure one of the accountants on this forum will reply soon, but I'm going to guess the answer will be "no".

    I can't claim for suits, which I'll only wear for business purposes, as I "might wear them for personal use", so I'd guess it's the same for trainers, which if anything are more likely to be worn outside of his business. If memory serves correctly, I think it's only actual uniforms that can be claimed.

    Comment


      #3
      Bearing in mind the only other question you have asked on this forum is about expenses do you not think it is time to get an accountant and ask him your questions.
      Last edited by northernladuk; 29 May 2013, 09:50.
      'CUK forum personality of 2011 - Winner - Yes really!!!!

      Comment


        #4
        Originally posted by northernladuk View Post
        Bearing in mind the only other question you have asked on this forum is about expenses do you not think it is time to get an accountant and ask him your stupid questions as you are clearly incapable of understanding your company.
        Well, 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


          #5
          Originally posted by northernladuk View Post
          Bearing in mind the only other question you have asked on this forum is about expenses do you not think it is time to get an accountant and ask him your stupid questions as you are clearly incapable of understanding your company.
          I think if I was the poster's accountant I would attempt everything to not have him as a client.
          "You’re just a bad memory who doesn’t know when to go away" JR

          Comment


            #6
            Originally posted by qian View Post
            Well, 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.
            Have you read the first timers guide? It's to the right of the screen --> under CUK Navigation.

            Once you have read that google SJD Accountants, register and download and read their contractors guide.
            "You’re just a bad memory who doesn’t know when to go away" JR

            Comment


              #7
              Originally posted by Ticktock View Post
              I'm sure one of the accountants on this forum will reply soon, but I'm going to guess the answer will be "no".

              I can't claim for suits, which I'll only wear for business purposes, as I "might wear them for personal use", so I'd guess it's the same for trainers, which if anything are more likely to be worn outside of his business. If memory serves correctly, I think it's only actual uniforms that can be claimed.
              Thank you for your reply.

              Comment


                #8
                Originally posted by SueEllen View Post
                I think if I was the poster's accountant I would attempt everything to not have him as a client.
                Well check out the dumb question from his other thread...

                I would like to know if I can claim the legal fee occurring in 2005 as my expenses allowance.
                This is a troll, sockie or just so bad we don't want him here so need ban hammer IMO.
                'CUK forum personality of 2011 - Winner - Yes really!!!!

                Comment


                  #9
                  Originally posted by qian View Post
                  Well, 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.
                  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..
                  Last edited by northernladuk; 29 May 2013, 09:51. Reason: Actually turned in to an interesting debate so tool my miserable comments out
                  'CUK forum personality of 2011 - Winner - Yes really!!!!

                  Comment


                    #10
                    Originally posted by northernladuk View Post
                    Well check out the dumb question from his other thread...
                    I saw it.
                    "You’re just a bad memory who doesn’t know when to go away" JR

                    Comment

                    Working...
                    X