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Thread: presents

  1. #1
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    Default presents

    if you buy presents for the children in your care (and maybe presents for their family too?), can this be put through as an expense or is it just a nice thing to do at your own cost?

  2. #2
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    You can put through a reasonable amount - I think up to £10 per gift. Definitely for children you mind, not sure about their family members.

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  4. #3
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    No clear guidance from Inland Revenue on what value is permitted, but small gifts are allowed. It goes down to general buttering-up of clients, in rather the same way as what goes on when, say, huge businesses give away Ferraris, or the IOC award the Olympics, or FIFA decide who gets to win (sorry, I mean "host") the next World Cup competition.

    I just follow the lead of what MP's regard as "legitimate expenses". Which is handy whenever the moat needs cleaning at Bunyip Towers.

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  6. #4
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    brilliant, thank you

    bunyip, i shall place an order for a new car in that case lol

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  8. #5
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    I sponsored an ad for my local community centre costin me £ 50 can I use that as an expense
    Tess1981

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    Thanks for information I did think you can put through expensive as I did last year

  10. #7
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    Quote Originally Posted by KateA View Post
    Thanks for information I did think you can put through expensive as I did last year
    Yes. It's advertising. If the community centre is a registered charity and you've made the payment as gift aid, then you have to declare it as such.

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