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Where Taxpayers and Advisers Meet

Golf membership

Herbs16
Posts: 73
Joined: Wed Aug 06, 2008 3:53 pm

Postby Herbs16 » Fri Feb 01, 2008 5:59 am

If us directors join a golf club for entertaining and networking, is the full cost allowable for CT.

Balmain
Posts: 203
Joined: Wed Aug 06, 2008 3:44 pm

Postby Balmain » Fri Feb 01, 2008 7:09 am

Dear Herbs16

If it was allowable it would also be a BIK on the P11d's, therefore taxable on directors and NI Class 1A due.

Balmain

PS are these directors of the hairdressers you puchased as you said this was a sole trader?


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