Is this a tax allowance?

[norrimac]

This is interesting!

I'm new to this forum. I'm a British citizen, resident in Spain, where I pay my taxes on all my income.

I am about to launch a website that supplies marketing services to (specifically) UK High Street Opticians. The subscription is 99 uk pounds a month.

My tax affairs are in order here in Spain, but I got a question from a subscriber (in the UK) and I'm unsure of the answer:

Can a UK, self-employed Optician & Taxpayer claim this money as a business expense?

The product is a marketing system (both a physical and virtual product) that the client uses to increase business and train staff in productive marketing and advertising techniques.

Any advice would be extremely welcome!

Many thanks,

Norman. (Mallorca, Spain.)

[RAL]

This is interesting!

I'm new to this forum. I'm a British citizen, resident in Spain, where I pay my taxes on all my income.

I am about to launch a website that supplies marketing services to (specifically) UK High Street Opticians. The subscription is 99 uk pounds a month.

My tax affairs are in order here in Spain, but I got a question from a subscriber (in the UK) and I'm unsure of the answer:

Can a UK, self-employed Optician & Taxpayer claim this money as a business expense?

The product is a marketing system (both a physical and virtual product) that the client uses to increase business and train staff in productive marketing and advertising techniques.

Any advice would be extremely welcome!

Many thanks,

Norman. (Mallorca, Spain.)

I would say yes, with limited information available. However these UK self-employed Opticians & tax payer needs to speak to their accountant in uk.

[norrimac]

Hi Ral,

Many thanks, Norman.

[wamstax]

It may all depend on the full nature of the contract and the items actually provided.

If by incurring the expense the optician brings into being an asset or advantage of an enduring nature (enduring in the way that fixed assets would endure) then the fact that the payment is made monthly would not necessarily make it revenue and allowable expenses.

Basically as RAL says the individual customer should seek professional advice from their own tax adviser /practitioner in the uK