Expensing a business suit.... - Contractor UK Bulletin Board

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Bluebird replied

11 October 2007, 14:52
Originally posted by TheFaQQer View Post

That didn't come up in the Umbrella Company Quiz!

about time - why hasn't it been posted on here before ?
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TheFaQQer replied

11 October 2007, 14:11
Originally posted by Bluebird View Post

don't start, you'll only get people believing it....

That didn't come up in the Umbrella Company Quiz!
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Bluebird replied

11 October 2007, 13:45
Originally posted by TheFaQQer View Post

It's covered by my dispensation, so I can claim it

Or not.

don't start, you'll only get people believing it....
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TheFaQQer replied

11 October 2007, 13:26
Originally posted by TonyEnglish View Post

There is nothing wrong with getting a crappy suit from Asda and getting a logo put on it and then heading down to some swanky place to buy another. When the revenue guy asks to see the suit show him the cheap one.

Nothing except fraud!

It's covered by my dispensation, so I can claim it

Or not.
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Epiphone replied

11 October 2007, 12:02
I'll be getting some polo shirts and stuff done with the logo and phone number. Damn sure they'll be going through MyCo as that's all they'll be used for. I don't think our lass would be pleased if I turned up to her cousins wedding with my work shirt logo's up on it
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mace replied

11 October 2007, 09:39
The best suit I ever bought

Is a machine washable one from M & S. Cost me about £60. Prior to that I had a dry clean only off the peg one from a tailor in Saville row. It cost me £300. Well made but didn't fit as well.
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ChimpMaster replied

11 October 2007, 09:34
I can't believe the effort some people will go through to save £50... once a year.
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BoredBloke replied

11 October 2007, 09:30
There is nothing wrong with getting a crappy suit from Asda and getting a logo put on it and then heading down to some swanky place to buy another. When the revenue guy asks to see the suit show him the cheap one.

Nothing except fraud!
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Bluebird replied

11 October 2007, 09:17
Originally posted by kirk View Post

...yay or nay? Noticed that the ex-director general of the BBC was able to do it by being payed via his own company and I just wondered if anyone else had done such? It's wholly for business use, after all!

No.

It's been proved in court by HMRC as well.
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Jog On replied

11 October 2007, 09:09
Originally posted by TheFaQQer View Post

If it were investigated, then you would need to prove that either you needed it for work (which you can't do with a suit, but could for a fluorescent jacket if you needed one for safety reasons), or that it was a promotional tool, clearly branded.

Having a logo on the inside wouldn't really help, and would more likely set the going about what else have you claimed that is dodgy.

Just work another day and buy one, FFS.

I don't think I'll actually be developing a logo to embroid onto a suit so I could claim it - last thing I want is the clunking fist looking at my dodgy operations!

You ain't seen me - roight
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TheFaQQer replied

11 October 2007, 08:50
Originally posted by Jog On View Post

I like this one - I'm going to get to work on my company logo. Does it mater where it is? i.e can I have it on the inside of my sleeve or on the inside pocket
or does it have to be outwardly displayed?

If it were investigated, then you would need to prove that either you needed it for work (which you can't do with a suit, but could for a fluorescent jacket if you needed one for safety reasons), or that it was a promotional tool, clearly branded.

Having a logo on the inside wouldn't really help, and would more likely set the going about what else have you claimed that is dodgy.

Just work another day and buy one, FFS.
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Jog On replied

11 October 2007, 08:40
Originally posted by Sockpuppet View Post

If its branded you can wear it.

Get your co logo embroidered on the inside.

I like this bit:

I am naturally sweaty and have no shame!

Does that mean I win?

I like this one - I'm going to get to work on my company logo. Does it mater where it is? i.e can I have it on the inside of my sleeve or on the inside pocket
or does it have to be outwardly displayed?
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Sockpuppet replied

10 October 2007, 20:58
If its branded you can wear it.

Get your co logo embroidered on the inside.

I like this bit:

At the same time as he was wearing the clothing for work it was also meeting his need for warmth and decency.

I am naturally sweaty and have no shame!

Does that mean I win?
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XLMonkey replied

10 October 2007, 20:53
nope, in fact this example is specifically quoted on the Inland Revenue's website

http://www.hmrc.gov.uk/manuals/eimanual/EIM32455.htm
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King Cnvt replied

10 October 2007, 20:24
Of course you can do this, but it is seen as a benefit in kind, so the tax you will pay personally will offset any tax saved by the ltd.

The reason it is seen as a benefit in kind this way, is the suit is just normal clothing and can be worn in a non-business environment.

So the answer is no really.

I mean where would you draw the line? Company pants, company cufflinks? company false teeth?
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