How far can you go with company expense? Treadmill?

[css_jay99]

Something I would not consider but world has gone to sh*t and the govt care little about us ltd contractors while handing money out to everyone except us.

I am seeing out the rest of my contact working from home and my knees are now playing up due to lack of movements.

So does buying a treadmill constitute company expense for employee's well-being?




I won't bother asking about a conservatory to put it in ....

[eek]

Something I would not consider but world has gone to sh*t and the govt care little about us ltd contractors while handing money out to everyone except us.

I am seeing out the rest of my contact working from home and my knees are now playing up due to lack of movements.

So does buying a treadmill constitute company expense for employee's well-being?




I won't bother asking about a conservatory to put it in ....

No, it doesn't meet the solely for business use criteria that HMRC use.

It's like asking if the LG's new OLED 48" TV is an allowed purchase - it's a monitor but being at home I couldn't justify it. Sat in separate office premises you probably could.

[Yuri F]

Since it's not related directly to your business activity - HMRC guidance on "benefits in kind" hasn't changed much in this extraordinary environment,
you will have to pay income tax and NI on such expense.

Therefore it would be much easier (saving on bureaucratic hurdle via excessive form reporting)
to make regular PAYE (or cheaper way: via Dividend if not in IR35)
and then make this purchase on your personal account (not business).

[CheeseSlice]

You're allowed to go outside for exercise during the lockdown. Running is free.

[css_jay99]

just thought if companies are setting up online therapy sessions for their work from home employees why not. The gain from therapy is not really exclusively for work.

[GhostofTarbera]

Something I would not consider but world has gone to sh*t and the govt care little about us ltd contractors while handing money out to everyone except us.

I am seeing out the rest of my contact working from home and my knees are now playing up due to lack of movements.

So does buying a treadmill constitute company expense for employee's well-being?




I won't bother asking about a conservatory to put it in ....

Back in the day I expensed a company race horse

Ohhh the good old days


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[eek]

Back in the day I expensed a company race horse

Ohhh the good old days


Sent from my iPhone using Contractor UK Forum

That's marketing though - which is an entirely different can of worms

[northernladuk]

General please. Nothing professional about this question. Only General allows the type of response this one requires.

[MrMarkyMark]

Back in the day I expensed a company race horse

Ohhh the good old days


Sent from my iPhone using Contractor UK Forum

Were you a member of the Royal family in a past life?

[Scruff]

Were you a member of the Royle family in a past life?

FTFY - Still is...[emoji12]