Football hospitality

[Ruprect]

Agreed, I went to Vegas last year for a "Training Seminar" aka best mate's stag do!

Any documentary evidence (e.g. seminar receipts - not facebook pics of you with a t*t on each shoulder) that you can show the revenue when they come knocking?

[ratewhore]

accountant reckoned inland revenue would do me for it unless I had convincing evidence it was furthering my business somehow

Isn't that what I said in my first post?

And also, all they would really do is treat it as a BIK and you'd pay the tax on it...

[contractor79]

to what exactly? To taking your mates to the footy and claiming it is a business expense, or, to taking potential clients to some corporate hospitality?

accountant reckoned inland revenue would do me for it unless I had convincing evidence it was furthering my business somehow

[stingman123]

I've done it before - just hoyed it through an an expense.

Agreed, I went to Vegas last year for a "Training Seminar" aka best mate's stag do!

[Sausage Surprise]

I've done it before - just hoyed it through an an expense.

[ratewhore]

my accountant said no

to what exactly? To taking your mates to the footy and claiming it is a business expense, or, to taking potential clients to some corporate hospitality?

[contractor79]

my accountant said no

[ratewhore]

If they come knocking, you have to justify how it could lead to extra business. And of course, it's not tax deductable...

[badger7579]

I fancy treating a few "contacts" to some premiership football with hospitality.

Can I pay for this through my limited co. Does the taxman care who comes along and how often can I do this?

I fancy treating a few "Friends" to some premiership football with hospitality.

Me too...

[contractor79]

I fancy treating a few "contacts" to some premiership football with hospitality.

Can I pay for this through my limited co. Does the taxman care who comes along and how often can I do this?