Gym membership

Posted by TinaPrice PM | on Sat, 25/06/2011 - 18:58  1483  1 comment | report

Good Afternoon

Can a directors Gym Membership be allowable for Corporation Tax? I have checked BMI47107 and I am almost sure I can. 

The Gym membership has been offered to the only other employee of the company.  The membership is also declared on his P11d. 

Thanks

Tina

 

 

Comments

Gym memebrship

Gethin4tax | Sat, 25/06/2011 - 22:31 | Permalink

The expenses is correctly taxed as a benefit in kind. I would claim the expense in the CT computation being an employment expense incurred wholly and exclusively for the purposes of the trade.

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