![]() ![]() However, the cost of the prescription glasses or contact lenses is not allowable, and the employee must pay for these themselves. For example, if employees consistently work on a computer you can claim for the cost of an eye test. If you require treatment for a disease or injury that was sustained through work, this is also tax-deductible. ![]() The costs must be charged directly to the company and the arrangements made in advance. Health testsĭirectors and employees of the company can claim for the cost of one private health assessment or health screening each year with no benefit in kind charge.īusiness can also claim for overseas medical costs if an individual needs medical attention while on a business trip. You can claim for computer equipment as long as you use it solely for the business. If the event doesn’t meet all of these criteria, it’s a taxable benefit For the event to qualify as not being a taxable benefit it must be an annual event (like a Christmas party), open to all staff, and cost less than £150 per guest present. If you’re entertaining employees, you may be able to claim tax relief. Business insuranceīusiness insurance such as public liability, employers liability, legal expenses, tax investigation and professional indemnity insurance are claimable expense and do not attract a benefit in kind charge. Likewise, if significant personal use is proven on a business contract, you may be liable to benefit in kind charges. If the contract is residential and you cannot prove a clear split in the service between personal and business use, you will be unable to claim. Broadband and phoneĪs long as the contract is in the company name you can claim tax relief on broadband and phone costs. For other forms of advertising and marketing, you are able to claim tax relief. If it is considered entertaining you cannot claim tax relief. You might consider lunch out with a client to be a form of advertising and marketing, whilst HMRC consider it as entertainment. Limited companies can claim tax relief for the costs of an accountant preparing accounts for the company. ![]()
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