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View Full Version : How much can I claim for resources??


lor
05-05-2013, 03:54 PM
Hi there,
Can any one tell me if toys,books etc are 100 per cent tax deductible
As I would rather buy more for the children and pay less to the tax man

Thanks in advance xx
christine e
05-05-2013, 04:24 PM
if they are used 100% for your business then yes:thumbsup:
Chatterbox Childcare
05-05-2013, 04:43 PM
Yes they are but please don't get caught in the trap "I will buy more to pay less to the tax man" unless you need the resources. here is why

Say you spend £1000 on toys and resources. The tax you pay would be approx £200 so you have paid out £800 more than you need to. Do you really need the goods or would you rather have the £800 to you??
sing-low
17-05-2013, 09:39 PM
What about toys that my dd will play with too? Do I have to only let her play with them when I have mindees? :)
chriss
17-05-2013, 09:53 PM
What about toys that my dd will play with too? Do I have to only let her play with them when I have mindees? :)

I don't think the tax man can see into your living room ;)
wendywu
17-05-2013, 09:56 PM
I don't think the tax man can see into your living room ;)

Ahhhhhh but can he :laughing:
Petshrinklj
19-05-2013, 09:45 PM
What about toys that my dd will play with too? Do I have to only let her play with them when I have mindees? :)

I'd been wondering this too.
Emmalou77
20-05-2013, 11:23 AM
I have a laptop that I currently do my profiles and invoices on butand so on but its so slow with it being as old as the hills. If I bought a new one would I have to use it for soaly business to claim for it?
bunyip
20-05-2013, 11:32 AM
Hi there,
Can any one tell me if toys,books etc are 100 per cent tax deductible
As I would rather buy more for the children and pay less to the tax man

Thanks in advance xx

.... although, unless you have some rich clients, "The Taxman" will be funding the children's education, healthcare, etc. :huh:
Chatterbox Childcare
21-05-2013, 04:04 PM
I have a laptop that I currently do my profiles and invoices on butand so on but its so slow with it being as old as the hills. If I bought a new one would I have to use it for soaly business to claim for it?

No you can claim a percentage but if it were me I would use it on paper 100% childminding and use the old one for personal use
Emmalou77
21-05-2013, 05:57 PM
Thats what i was thinking too. Thank you chatterbox :-)