I am looking at a client's year end computation and note they engaged a Feng Shui consultant during the year to assess their office space.
They are a graphic design company and I'm not sure if we can therefore argue this as an allowable CT deduction on the basis of creating the right environment to allow their designers creativity to flow?
Does anyone have any thoughts on this?
Ian Main
Replies (8)
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Roger
which is probably what coloured my knee jerk "surely not".
Thinking too much of the old Fosters ad.
Oh you grey suited accountants you...
We don't all live in a pin striped world. Feng Shui is a completely valid concept FOR THOSE WHO BELIEVE IN IT. (I personally wouldn't use it, but wouldn't question the concept, as I know it's worked for associates I've known in the past).
As one respondant has already mentioned, it's a consultancy situation, and I would treat as revenue expense. No question.
he say yes
Esteemed opinion here following:
In the Eastern society foong shway is tous les importanto.
But beware the followings:
if it was just a director's office, pour exemple, then I would say nay, but as it was for the company as a whole, then it should be classified as office design expenditures.
Yes - probably
The only issues are whether the expense was incurred wholly and exclusively for the purposes of the business, and whether the expense is Revenue or Capital. The issue of whether it makes any sense commercially is thankfully not something the tax law gets involved with. Duality, yes, commerciality, no.
People engage consultants to tell them how to write their marketing letters and how to wave their arms properly in meetings, so I see no reason why a consultant to tell them how to arrange their chairs should be treated any differently.
Claim it.
Thanks Neil ...
I have always wondered what Feng Shui is. Does this mean that "Rearranging the deckchairs on the Titanic" might have been something more than the pointless excercise that history has portrayed?!