I always used to expense my monthly rail pass. I wonder if there's some confusion because a BIK always arises from a company car, even if you only use it for work, on the grounds that it is available.
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Monthly railway ticket- can this be expensed?
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As illustrated in example 2 here:Originally posted by mudskipper View PostAs long as the business use justifies purchasing a season ticket rather than individual tickets, then it's allowable. (subject to 24 month rule etc).
https://www.gov.uk/hmrc-internal-man...anual/eim16067Comment
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Nope. No pictures on that page...Originally posted by TheCyclingProgrammer View PostAs illustrated in example 2 here:
https://www.gov.uk/hmrc-internal-man...anual/eim16067
'CUK forum personality of 2011 - Winner - Yes really!!!!
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So do I unless it is cheaper for me to use daily tickets and in some incidences it is especially if the client is flexible about start times.Originally posted by northernladyuk View PostI always used to expense my monthly rail pass. I wonder if there's some confusion because a BIK always arises from a company car, even if you only use it for work, on the grounds that it is available."You’re just a bad memory who doesn’t know when to go away" JRComment
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I just spoke to my accountants (SJD) and they said the same thing as your accountant OP. They said weekly tickets (mon-fri) were better and wouldn't raise any eyebrows.Comment
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I'd follow that up with asking them why their advice is different from the examples that HMRC give in the expenses manual. If they can't give a good reason (and I'd love to hear it), then fire them.Originally posted by mattfx View PostI just spoke to my accountants (SJD) and they said the same thing as your accountant OP. They said weekly tickets (mon-fri) were better and wouldn't raise any eyebrows.Comment
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ThisOriginally posted by TheFaQQer View PostI'd follow that up with asking them why their advice is different from the examples that HMRC give in the expenses manual.
A little drastic if you're otherwise happy with their advice.Originally posted by TheFaQQer View PostIf they can't give a good reason (and I'd love to hear it), then fire them.Comment
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I've been happy with their advice thus far.
I think they are just trying to act on the cautious side. I read the HMRC article and it would appear that my accountants (and the OPs accountants) have got the wrong end of the stick.Comment
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They are clearly cretins who have never travelled by public transport.Originally posted by mattfx View PostI just spoke to my accountants (SJD) and they said the same thing as your accountant OP. They said weekly tickets (mon-fri) were better and wouldn't raise any eyebrows.
For TFL and rail companies in the UK, weekly tickets are 7 day.
So you will still get 2 days personal benefit."You’re just a bad memory who doesn’t know when to go away" JRComment
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Same here, generally happy with the service they provided so far. But it's really annoying if I have to educate them for things I'm paying for...Originally posted by mattfx View PostI've been happy with their advice thus far.
I think they are just trying to act on the cautious side. I read the HMRC article and it would appear that my accountants (and the OPs accountants) have got the wrong end of the stick.Comment
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