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Previously on "End of Contract Cakes"

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  • ASB
    replied
    Originally posted by Greg@CapitalCity View Post
    Well, to be fair, a higher rate tax payer will do better to put in through as an Entertainment expense to avoid paying higher rate dividend tax on the supply of said logo-embossed cake.
    You must spread some Reputation around before giving it to Greg@CapitalCity again.

    A point which is often missed.

    Leave a comment:


  • Greg@CapitalCity
    replied
    Originally posted by BolshieBastard View Post
    Not allowed for Corp Tax purposes so might as well pay out of own pocket!
    Well, to be fair, a higher rate tax payer will do better to put in through as an Entertainment expense to avoid paying higher rate dividend tax on the supply of said logo-embossed cake.

    Leave a comment:


  • BrilloPad
    replied
    Originally posted by pacharan View Post
    Allowable expense or not?
    Only allowable if you put laxative in them. See HMRC-45(1)

    Leave a comment:


  • BolshieBastard
    replied
    Originally posted by pacharan View Post
    Allowable expense or not?
    Wholly and exclusively in respect of the company? Dont think so.

    Entertainment? Not allowed for Corp Tax purposes so might as well pay out of own pocket!

    Leave a comment:


  • pacharan
    replied
    Originally posted by SimonMac View Post
    If you are being canned for being useless why bother bringing in cakes
    Ooh! you're so beastly!

    Leave a comment:


  • SimonMac
    replied
    Originally posted by pacharan View Post
    Allowable expense or not?
    If you are being canned for being useless why bother bringing in cakes

    Leave a comment:


  • v8gaz
    replied
    What about mouse mats made of cake?

    Cakes with company logo?

    Leave a comment:


  • TestMangler
    replied
    Originally posted by Clare@InTouch View Post
    I would say Client Entertaining - allowable but not tax deductible.

    End of contract cheap mouse mats with your logo on them on the other hand - allowable in full.

    The oddities of HMRC
    What about mouse mats made out of cakes ?

    Leave a comment:


  • Clare@InTouch
    replied
    I would say Client Entertaining - allowable but not tax deductible.

    End of contract cheap mouse mats with your logo on them on the other hand - allowable in full.

    The oddities of HMRC

    Leave a comment:


  • pacharan
    started a topic End of Contract Cakes

    End of Contract Cakes

    Allowable expense or not?
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