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Previously on "iWatch as business expense?"

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  • Boo
    replied
    Originally posted by CloudWalker View Post
    We all know it took a while to get smart phones excepted as a valid business expense by HMRC. But what about smart watches ?
    Im not after one but would be interesting to know.
    The answer is (not very helpfully) it's a business expense if it's a business expense.

    I worked for 6 months on a project which involved wearable devices (Pebble, Samsung and LG smartwatches) and obviously my client put them down as business expenses. After I left I bought one for development purposes and will claim it as such.

    But if you want an Apple smartwatch just as a watch, then no, it would not normally qualify as a business expense.

    Boo2

    Leave a comment:


  • TheCyclingProgrammer
    replied
    If you're an iOS developer that wants or needs to develop Apps for it, then yes.

    If you're not, then I think you might struggle to convince HMIT.

    I am an iOS developer and could get one through the business but I'm not sure I even want one. I will inevitably get one though as I'm bound to start getting enquiries from clients.

    Leave a comment:


  • TheFaQQer
    replied
    Originally posted by SueEllen View Post
    I produce apps so its b.*







    *OK I'm talking tulip but if you have a commercial reason for the watch it's b.
    Maybe I should try "I thought that I might one day develop an app, so I claimed it" when my Pebble Time arrives next month.

    Leave a comment:


  • NickFitz
    replied
    Originally posted by LisaContractorUmbrella View Post
    Yeah yeah I believe you
    In my case it would actually be true - I've hardly ever worn a watch, never have this century, and see no reason to start now. As the guy says in the Cheech and Chong sketch when somebody tries to sell him a watch, "No thanks, man; I'm not into time."

    Leave a comment:


  • LisaContractorUmbrella
    replied
    Originally posted by NotAllThere View Post
    But my mobile phone tells me the time - the watch is only for development. Honest.
    Yeah yeah I believe you

    Leave a comment:


  • NotAllThere
    replied
    But my mobile phone tells me the time - the watch is only for development. Honest.

    Leave a comment:


  • LisaContractorUmbrella
    replied
    I think there's a fair chance that HMRC would claim duality of purpose - whatever else you can do on it a watch is designed to tell the time. It does tell the time I assume - you never know with these i gadgets

    Leave a comment:


  • SlipTheJab
    replied
    Originally posted by NickFitz View Post
    If you're developing an app for the Watch, you'll need one to test it on.
    Nice thinking!

    Leave a comment:


  • SueEllen
    replied
    Originally posted by TheFaQQer View Post
    Either (a) not a chance; or (b) claim it and hope you get away with it.
    I produce apps so its b.*







    *OK I'm talking tulip but if you have a commercial reason for the watch it's b.

    Leave a comment:


  • NickFitz
    replied
    If you're developing an app for the Watch, you'll need one to test it on.

    Leave a comment:


  • JB3000
    replied
    Originally posted by CloudWalker View Post
    We all know it took a while to get smart phones excepted as a valid business expense by HMRC. But what about smart watches ?
    Im not after one but would be interesting to know.

    As long as you take it off at the end of work it should be ok

    Have it on at 5.31 and it becomes a p11d benefit

    On that matter, does anyone know if my work clothes and underwear are valid business expenses

    Leave a comment:


  • TheFaQQer
    replied
    Either (a) not a chance; or (b) claim it and hope you get away with it.

    Leave a comment:


  • kevpuk
    replied
    I suspect not........my Moto 360 was bought with post-tax personal funds

    Leave a comment:


  • SlipTheJab
    replied
    Originally posted by CloudWalker View Post
    We all know it took a while to get smart phones excepted as a valid business expense by HMRC. But what about smart watches ?
    Im not after one but would be interesting to know.

    Leave a comment:


  • CloudWalker
    started a topic iWatch as business expense?

    iWatch as business expense?

    We all know it took a while to get smart phones excepted as a valid business expense by HMRC. But what about smart watches ?
    Im not after one but would be interesting to know.

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