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Post Info TOPIC: Guard dogs supplies
Noola


Senior Member

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Guard dogs supplies
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Can we reclaim VAT on this? Its on pet food and medical bits and bobs. And under what category would I put this as?

Thanks!



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Wella


Expert

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Posts: 2256
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Hi Noola

I am guessing but a guard dog would be an asset on the balance sheet ( just found out, HMRC class them as Plant as in plant & machinery, not the vegetable type), so it would go under repairs and maintenance biggrin 

Wonder what the depreciation is on a guard dog?

http://www.hmrc.gov.uk/manuals/camanual/CA21220.htm

Seriously I would create a new expense account, something like you might use for motor vehicles. If it is a legit guard dog then the VAT element would be claimable

I had a client once, who tried to claim his pet pooch was a guard dog.

Bill



-- Edited by Wella on Monday 14th of March 2011 04:49:56 PM

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attilabenko


Guru

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Posts: 595
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All the funny ones come up today?
Don't forget, as the link say above you should treat a share in an animal in the same way. Just in case if you own half of a guard dog with expected life of 2 yrs or more...

Really, they should simplify the whole HMRC rules back to the basics.





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Attila
YLB-HO


Guru

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Posts: 715
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Ah, but then why would anyone use a book-keeper or accountant if it was simple?

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Frauke
BKN Book-keeper of the year 2011
BudgetB


Guru

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Posts: 709
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I have a nominal expense code for Guard Dog costs. Recently had a VAT inspection and no issues came up with regards to claiming vat on food etc.

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Jenny

 

Responses are my opinion based on the information provided.  All information should be thoroughly checked before being relied on.

 
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