gym through the books?

[Rob Holmes]

Does anyone know if I can legitimately put gym membership through the books?

Cheers,

Rob

[Alpha]

ERm

Your accountant :D

[Rob Holmes]

I've been waiting a while for a call back!

He's probably in Barbados on the back of my last bill.

Rob

[Alpha]

Only kidding Rob

Its interesting and one no one has asked me before but

The benefits manual says that 'any recreational facilities made availble to the employees is exempt from any charge to tax'

To escape any National Insurance charge the membership must be invoiced to the business directly.

It should also be made available to all employees so for one man company technically the same as employee entertaining you could have it for yourself as the only employee.

Found the exceptions :-

Facility must not be available to the general public!! That means you could put it through as a business expense but would incur a P11d benefit and class 1A NI on it

I will await any other interpretations from my peers :D :(

[Rob Holmes]

LOL - he said the same as you Alan - basically no.

Rob

[Jayne]

Hi,

If he eats a sandwich, while working out, talking to a client. Can he put it through as a business lunch? :lol:

Jayne

[Alpha]

Depends on where he was when he bought it!!

If he was down the road at the local pub/sandwhich bar then NO.

If he buys food for the client then thats entertaining and also not allowed.

Smart Alec :D :D :D :D

[Jayne]

Hi,

What if he had his sandwich delivered and the gym owner paid for his food and got the money off him in the gym (bill to him from gym), he eats his sandwich talking to his client and doesn't buy them one (client thinks he a skingy git, but a good business man for saving on tax) and he is typing in his computer at the same time he is on the tread -mill :lol: :lol: :lol:

Jayne

[Alpha]

What if he had his sandwich delivered and the gym owner paid for his food and got the money off him in the gym (bill to him from gym), he eats his sandwich talking to his client and doesn't buy them one (client thinks he a skingy git, but a good business man for saving on tax) and he is typing in his computer at the same time he is on the tread -mill

Talk to Darren about that one and let me know :D

[Jayne]

:lol: :lol: :lol:

Only messing about, think I drive Darren up the wall enough already, without asking him this :lol:

Jayne

[Aurora]

Don't even think about it!

[fastfences]

The benefits manual says that 'any recreational facilities made availble to the employees is exempt from any charge to tax'

I will await any other interpretations from my peers :D :(

I'm cetainly not a 'peer', but I have a view!

Is gym membership NECCESSARILY 'recreational.' Is there a provision for it to be recognised as 'remedial?' No harm in going to gym to insulate yourself from stress, and therefor be better able to handle the office environment etc.
Cheers, Nigel

[Jayne]

Hi,

What about dentists then? Can you put them through and can I back date bills for 12 years :lol: I need healthy teeth to try out new lines in the bakery, could this be classed as food hazard and be claimed back as health and safety :lol:

Jayne

[fastfences]

Now that's 'food for thought!'

[Jayne]

And what about Dog food, my dog is an asset guarding my home business, while i'm working in the other business :lol:


Think i'll learn to be an accountant (that's scary) :lol: :lol: :lol:

Jayne