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Is a PPC invoice deductable as expenses against income?

BASFORDLAD
BASFORDLAD Posts: 2,418 Forumite
edited 16 November 2012 at 5:49PM in Parking tickets, fines & parking
Can you use a ppc invoice as a legitimate business expense and deduct it against tax?
For everthing else there's mastercard.
For clampers there's Barclaycard.
«1

Comments

  • AlexisV
    AlexisV Posts: 1,890 Forumite
    Not sure anyone paying these things would know how tax works anyway!
  • JimmyTheWig
    JimmyTheWig Posts: 12,199 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    edited 16 November 2012 at 5:55PM
    Yes, I'd be pretty much certain.
    I'm no expert, but if it was my business and I was using one (yeah, right!) then I would include it in my expenses.

    [Missed the point of the question - see below.]
  • BASFORDLAD
    BASFORDLAD Posts: 2,418 Forumite
    AlexisV wrote: »
    Not sure anyone paying these things would know how tax works anyway!

    Very true!

    It just got me thinking, that if i am parking up and getting these invoices (not saying that would be paid or not) could one reduce their tax.....
    For everthing else there's mastercard.
    For clampers there's Barclaycard.
  • pauletruth
    pauletruth Posts: 1,133 Forumite
    how about reclaiming the VAT
  • ArthurDaley
    ArthurDaley Posts: 14 Forumite
    edited 16 November 2012 at 5:46PM
    Well as these are invoices i would say yes! But not for VAT, as i believe any VAT elements are not able to be passed on tot he motorist.

    Fines and Penalty charges are not tax deductable.
  • ArthurDaley
    ArthurDaley Posts: 14 Forumite
    hmrc.gov.uk/manuals/bimmanual/bim42515.htm
  • BASFORDLAD
    BASFORDLAD Posts: 2,418 Forumite
    Thanks Arthur

    But these are not fines
    For everthing else there's mastercard.
    For clampers there's Barclaycard.
  • ArthurDaley
    ArthurDaley Posts: 14 Forumite
    ArthurDaley wrote: »
    Well as these are invoices i would say yes! But not for VAT.


    Which is what i said here isn't it?
  • JimmyTheWig
    JimmyTheWig Posts: 12,199 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    BASFORDLAD wrote: »
    It just got me thinking, that if i am parking up and getting these invoices (not saying that would be paid or not) could one reduce their tax.....
    Sorry, I thought you meant could the landowner who employs the PPC offset the cost of the PPC to reduce their tax.

    But you're asking if someone who receives a parking "fine" could use it to reduce their own tax bill.
  • BASFORDLAD
    BASFORDLAD Posts: 2,418 Forumite
    ArthurDaley wrote: »
    Which is what i said here isn't it?

    Sorry yes I only read the link. Doh!!!
    For everthing else there's mastercard.
    For clampers there's Barclaycard.
This discussion has been closed.
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