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lor


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hairdresser - se questions
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Hi all, my self employed hairdresser client has paid a sponsorship at an exhibition for miss england, is this an allowable expense on the tax return?

many thanks

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AICB


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Is the client effectively buying advertising for their business? If so, and at first glance, I'd say yes.

There are HMRC rules to be checked out (particularly Notice 701/41 in respect of VAT and BIM42565 with respect to admissability) but your client's intentions sound simple enough not to attract any objections.


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Andrew
Merlion ABS


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Yes its allowable, its basically advertising, thus assuming that he/she had their business name banded around either in a program or other media.

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lor


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thank you for your replies, she is not vat registered so don't need to consider tht part.
it was more of a sponsorship than anything else, where she paid a cheque at an exhibition.

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luther parker


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Hi there,

I would say yes, theres no VAT anyway, try nom. code 8200 comes under donation rather than advertising unless you are sponsoring all the time.

Luther.

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lor


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Thank you Luther

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