Reply to: I (my company) wants to buy a new TV, I mean LCD

[Lewis]

Kookachoo - Nice speech, but there is not getting around the fact that your question is ludicrous, and I think you know that you are simply asking for validation for tax evasion... or fraud. seems like you are looking for more people who have done it so you feel better about it yourself

[bangface]

Just buy it with your own cash and then stick in 40 taxi reciepts (download em blank off the web) as expenses to make back the cash. If the tax man asks, tell him you hurt your leg skiing and it was the only way to get to client site. Sorted.

Lol, the good old taxi blag never fails!

[daviejones]

get the Samsung 26 or 32 or 40 inch LCD which is a monitor with a TV facility.

I need one to work on 8 documents at a time on one screen.

I do like the Apple 30" LCD...but it will be in my office 100% of the time...

[Platypus]

I'd really like a brand new TV, you know, HD flat panel 40" kinda thing. But I want my company to buy it!

Does your company not have one already for video-conferencing? Or making sales presentations? Or even one for the employee's rest area, cafeteria? Or in reception for visitors to watch while waiting?

Are you in business or just playing?

[TheFaQQer]

You may laugh, but where I used to work as a permie, we had Wii on the premises for us to use. I suppose as a means to increased productivity.

I used to work with a games reseller - their offices had all the latest Xbox360 stuff for employees to use. And since they were there for the companies to demo to the sales guys, the TVs and everything were top notch too.

That was a fun time.

[NotAllThere]

Heart surgeons perform better after using a wii.

I worked on one project that proudly boasted it had provided a table football for use of the project members. As soon as the project began, we were instructed not to use it.

[kookachoo]

You may laugh, but where I used to work as a permie, we had Wii on the premises for us to use. I suppose as a means to increased productivity.

When I did a contract at Virgin Mobile, the break-out room had a pool table and a Nintendo station - Consequences were that our project was delivered on budget and on time

[xchaotic]

You may laugh, but where I used to work as a permie, we had Wii on the premises for us to use. I suppose as a means to increased productivity.

[DS23]

These arguments don't make any sense. How could you even use the company Wii without a TV?

[Ruprect]

As in not going anywhere?

Here's your coat.

[Sausage Surprise]

Genius.

Line Item: £6.99, Stationary

As in not going anywhere?

[hugebrain]

I'm confused

These arguments don't make any sense. How could you even use the company Wii without a TV?

[dude69]

It's not a question of need, it's a question of exclusive business use. A company can buy what it likes, so long as what it buys is solely for business use. It's when there's a possibility of private use that it gets complicated.

It doesn't need to be exclusively for private use. The VALUE of the private benefit must be insignficant in relation to the business benefit.

In other words, if the TV costs £500, and you have access to it for private use all the time, then the private value would probably be £125/year (25%), the value to the business must be much greater than this.

How do you put a value on this? Hard to say, but IT equipment, if provided for business use, is deemed to always have a disproportionate business benefit relative to the value of the private use. So you can have access to a company laptop, which might otherwise cost you £300/year, but the value of you being able to do work for the company is far more than £300.

[Ardesco]

In other words if you rent a real office (not a room in your home) you can fill it up with plasma TV's and all sorts of wonderful gadgets and leave it there when you aren't in the office and all is good.

If you do it at home however the IR will assume that you do not use these gadgets for business and will tax them as a BIK. One of the joys of being a small business that doesn't rent office space in <insert city/town here>

[NotAllThere]

It's not a question of need, it's a question of exclusive business use. A company can buy what it likes, so long as what it buys is solely for business use. It's when there's a possibility of private use that it gets complicated.