Bupa as an taxable expense [Archive]

KidsBeeHappy

18th July 2009, 16:25

HI

I've always just treated BUPA as private drawings, but new book-keeper put it down as staff welfare expenses, and it's made me think.

We have the BUPA because my husbands business is totally dependent upon him being there to lift & shift etc. So could part of the BUPA be claimed as an expense?

Thanks
Sandra

DFL

18th July 2009, 16:50

Afraid not.

KidsBeeHappy

18th July 2009, 17:45

What I thought!
Ta!

RAL

18th July 2009, 19:45

HI

I've always just treated BUPA as private drawings, but new book-keeper put it down as staff welfare expenses, and it's made me think.

We have the BUPA because my husbands business is totally dependent upon him being there to lift & shift etc. So could part of the BUPA be claimed as an expense?

Thanks
Sandra

Hi Sandra

I think I know the answer after looking at your website. However before I reply just wanted to know what is trading style? sole trader or limited co? You mentioned private drawings.

KidsBeeHappy

18th July 2009, 19:48

Its a seperate business, hubbys, and ST

RAL

18th July 2009, 19:55

Its a seperate business, hubbys, and ST

I am afraid you are correct, it has to go as a drawings.