gym membership

aliflint77

hello all,

my work may be contributing or paying for my gym or golf club membership.

any ieas on what sort of tax i wil have to pay

the gold membership is about £100 a month and thinking of getting a family membership at virgin im gessing about £75 a month ??

any thoughts comments gladly received

Pennywise

You'll have to pay tax at your marginal tax rate on the amount they pay on your behalf.

If they pay £100 per month and you're a higher rate taxpayer, you'll pay £40 per month more tax.

murks

Can a gym expense be put down as tax if you are self employed?

Maybe a stress outlet!!!

DCodd

murks wrote: »

Can a gym expense be put down as tax if you are self employed?

Maybe a stress outlet!!!

:rotfl::rotfl::rotfl:

you are joking aren't you?

zygurat789

murks wrote: »

Can a gym expense be put down as tax if you are self employed?

Maybe a stress outlet!!!

As a self-employed professional sportsman.