Parking ticket as business expense?

[noog]

Had two tickets in the past month, when at customers houses, Anyone know if they can be written off as a business expense?

[Man Of Kent]

Not a chance...

[Skive]

Not a chance...

You say that but my old company paid for a couple of my parking tickets and a bus lane fine.

[Calvin]

I got done for speeding and the company paid. Guess it just depends on how easy going your company are.

:thumb:

[Kermit]

Depends on whether they can bill the client or not...

[Skive]

I got done for speeding and the company paid. Guess it just depends on how easy going your company are.

:thumb:

They didn't pay for either of mine. Jammy cunt. :p

[noog]

worth a try :)

[Indrid Cold]

It's strange if they do, being employed isn't a justification for something illegal. If it was, hitmen would be thought innocent of murder :p

[Calvin]

It's strange if they do, being employed isn't a justification for something illegal. If it was, hitmen would be thought innocent of murder :p

rules are meant to be broken Indrid ;)

:D

[Whowhere]

It's worth trying, but they'll probably want to be certain that you couldn't park a 2 minute walk away and were not just being lazy.

[Wyetry]

I think Noog is self employed (no?>) so i'm guess its a tax question rather than getting someone else to pay....

[Bunnie]

I vaguely remember doing this when we were doing taxes in Business, and you can't say they are a business expense...nor can you argue your work clothes are a business expenses (just an extra thrown in there for good luck)

What difference would it make to you Noog as you would have to pay for it yourself anyways, being out of a business account or current account? :confused:

[Sa-ra-ra-ra]

It's tax-deductable if it is a business expense, i would imagine.

[Skive]

I think Noog is self employed (no?>) so i'm guess its a tax question rather than getting someone else to pay....

That makes sense now I've read the question again.

No is the answer.

[Joolyknockers]

http://www.hmrc.gov.uk/manuals/bimmanual/BIM42515.htm

If you are self employed then no basically. I wasn't sure, even though I just sat a tax exam yesterday. I assume you claim your business mileage back through the fixed rate mileage scheme (40p per mile for the the first 10,000 miles - 25p per mile for the excess) which is designed to cover all running costs.

It seems that an employer can reclaim parking tickets they have paid on behalf of employees, provided the employee was driving a works vehicle and the employee has paid the fine in the first place and the employer has paid the employee back via the payroll and taxed the payment correctly.

[Joolyknockers]

I vaguely remember doing this when we were doing taxes in Business, and you can't say they are a business expense...nor can you argue your work clothes are a business expenses (just an extra thrown in there for good luck)




It all boils down to the "wholly, necessarily and exclusively" aspect. You can claim work clothes as a business expense, specialist safety workwear and stuff like that. It basically boils down to whether the clothes serve a dual purpose or not - would you be wearing it if it wasn't for work. You couldn't claim the suit you wear to work as you could also wear it out and about socially.

If you wear a logo'd uniform to work and the employer doesn't clean it for you, you can claim relief on laundry fees of £45 a year - works out at £9.90 a year tax repayment. Wow.

[Kermit]

If you wear a logo'd uniform to work and the employer doesn't clean it for you, you can claim relief on laundry fees of £45 a year - works out at £9.90 a year tax repayment. Wow.

I wish I'd known that when I worked for Tesco :grump:

[Joolyknockers]

I wish I'd known that when I worked for Tesco :grump:


I take it you worked for Tesco after 5th April 2001? As long as it's within the last 6 tax years you can still claim - just put it in writing to your current tax office that you worked for Tesco (PAYE ref 846/T1) , provide dates, confirm that you were responsible for laundering your own logo'd uniform and that you would like to claim fixed rate expenses for the tax years applicable. Stick your national insurance number on the letter and bobs your uncle :)

There are loads of horrible companies that offer tax repayment services based on laundry fees and tools allowance etc - don't go through them as it's just as easy to sort it yourself and you won't lose 35p out of every £1 repaid :)

[purplebutterfly]

Comapnies can allow them for staff (as long as it was done due to buisness) but not directors. I dont think there allowable for tax if your self employed.

[Joolyknockers]

Comapnies can allow them for staff (as long as it was done due to buisness) but not directors. I dont think there allowable for tax if your self employed.

Did you do the BTC exam too by any chance? hehe!

They aren't allowable for self employed people as the idea is that the fine should be suffered by the individual, not spread across the the taxpaying public. An employer can claim the fine as an expense provided the employee has paid it out their own pocket in the first instance, and submitted an expenses claim afterwards. That way anything they receive back from the company will be taxed through the payroll as a taxable benefit.

[purplebutterfly]

Did you do the BTC exam too by any chance? hehe!


Yep, and PTC and CMCC. I'm mad.

How did the exams go?

[DG]

......nor can you argue your work clothes are a business expenses (just an extra thrown in there for good luck)



You can if they're needed to do the job specifically like Steel Caps Shoes, Safety Work Wear, etc.

And you probably could if were in the fashion business or a famous actor / actress that needed new clothes to wear to movie premiers, etc.

[purplebutterfly]

And you probably could if were in the fashion business or a famous actor / actress that needed new clothes to wear to movie premiers, etc.

No chance. HMRC are very strict on this. protective work wear if its nessacrey for the job yes, a dress for a premire, nope.

No dual purpose is one of the main things the tax inspectors will look at when asseing expenses.

[DG]

No chance. HMRC are very strict on this. protective work wear if its nessacrey for the job yes, a dress for a premire, nope.

No dual purpose is one of the main things the tax inspectors will look at when asseing expenses.

why would it be dual purpose, most celebs wouldn't be caught dead in the same outfit twice.

Having said that hopefully they're rich enough to not care about even trying to claim it back..