Discussion in 'Carpenters' Talk' started by starlight tiles, Feb 8, 2007.
what can you lads claim for these days against your tax.
all me new dewalt 18v kit
there you are!!!!
everything I can
everything thats used for or in connection wi business.
I put in for nike trainers, told the accountant they were all i could wear for kicking the floors around. (which is true)
He said just keep putting them in til someone questions it.
If they ever check my vans goes through as much diesel as the QE2
< what can you lads claim for these days against your tax.
Vehicles fuel drills nails screws hooks,and hookers
clothing and shoes are a dodgy area with the taxman
even lawyers have lost cases with the taxman for putting suits, wigs and shoes against tax
safety boots are perfectly ok, safety trainers are less certain ground
My accountant is s.hit hot. I claim for everything. Mcdonalds, cleaning products, train tickets etc etc
food is again a bit dodgy with the taxman
train tickets and cleaning products for work are legitimate business expenses
course you can write off safety trainers you can write down all your workwear. I even write down tools i bought years ago as you are allowed to introduce them to the business and write them off straight away in full. I write off perhaps 2k a year in tools i have had for years.
food is perfectly legitimate as long as you consume it whilst in the course of work.
thanks, ill check out the safety trainers and food again
I put in for my heating and electric at home because i have a home office. My subscription to related magazines like Big'n'Bouncy goes down as well
Seriously though mate there is loads of stuff you can write off that you would never even think of. Do you do your invoices on your computer?
my accountant told me food is a no no.
reason being you need to eat whether youre in work or not so not a busines expense.be careful taking advice on what to claim for from others cos they dont have to look the tax man in the eye when he checks you out.
yep, i spend £20 per week out of petty cash on staff refreshments.
all logo staff t-shirts (get a good deal on them)
computers (2), laptops (2)
mobile phones (3)
sat nav (2)
Basically ANYTHING AT ALL i need for work, if it will help my business i will buy it, justify it and claim it back.
Oh yes those 2 private no. plates i got a bit of stick on here for, i claimed for them too.
That is how i want to project my business, nothing wrong with that!
Well you need to change your accountant then mate. You can write food off. Your accountant is just being lazy. There are written limits to how much food you can write. I can look the taxman square in the eye as I only claim for what i am allowed. I put every job and I mean every job through the books so why should I pay more tax than i need. I keep th taxman very happy I paid near on 3k in fuel duty last year
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