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employment expenses - is PI allowable?

Is PI Insurance allowable as an employment expense?

I have a client who works for the NHS. He pays a monthly amount to the Society of Radiographers and his wife (also employed by the NHS) pays a monthly amount to Unite Insurance. Both these amounts are for PI that they have to have in order to do their job. I cannot see them on the accepted list for Professional subscriptions on the HMRC website but wondered if anyone knows if they are allowable or not?

Replies

17th Oct 2017 18:26

If it's necessary for them to do their job - as well as W and E - can't see why it wouldn't be allowable.

Check the facts, though. Is it really necessary ?

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17th Oct 2017 18:34

Thanks, sorry for being stupid but what does W & E mean?

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to williamsaccounts
17th Oct 2017 18:50

williamsaccounts wrote:

Thanks, sorry for being stupid but what does W & E mean?

wholly and exclusively

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to williamsaccounts
18th Oct 2017 09:09

williamsaccounts wrote:

Thanks, sorry for being stupid but what does W & E mean?

Really...! :-0

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to JCresswellTax
18th Oct 2017 09:11

not helpful

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to williamsaccounts
18th Oct 2017 14:04

williamsaccounts wrote:

not helpful

I wasn't trying to be helpful - just voicing my disbelief!

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17th Oct 2017 19:02

Are these contingent schemes - only invokable should the NHS's own PI somehow fail? Can the PI/CMM fraction be broken out of the Unite union's subscription?

As Lion says:

"Check the facts, though. Is it really necessary ?"

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17th Oct 2017 21:57

Why are people trying to apply s 336, when there is specific provision for this under ITEPA 2003, s 347, which requires only that the individual has potential personal liability for their acts or omissions. No W, E + N requirement is imposed.

See EIM30500 onwards.

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18th Oct 2017 06:13

EIM30500 is about directors and officers so not relevant I dont think?

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to williamsaccounts
18th Oct 2017 12:07

If you read it, it also says "employees in certain circumstances". The legislation makes no distinction, it's just the [***] at HMRC that think it will only rarely apply to employees.

And don't tell me that something is not relevat, when I no perfectly well it is. Read the frigging legislation and then tell me that it isn't relevant.

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to Portia Nina Levin
18th Oct 2017 11:06

I thought this page was for professionals. Your inability to spell makes me reluctant to rely on your opinion. Might I suggest you have a cup of tea and calm down before you respond to anyone else in such an angry manner. It's not worth getting annoyed over trust me, it's just a tax query. But many thanks for taking the time to respond.

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to williamsaccounts
18th Oct 2017 11:48

Yeh, I agree, Portia knows nuffink.

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to williamsaccounts
18th Oct 2017 13:50

"Your inability to spell makes me reluctant to rely on your opinion"

Whilst PNL is the last member who requires a "minder" I cannot simply stand aside and permit your comment to remain unchallenged. Believe me, I've seen far worse, in some of PNL's replies.

However, this particular member (freely) contributes to these pages on at least a daily basis, often more regularly and, on this occasion, your "challenge" (retort) is; ill-judged and ill-founded, in my opinion.

There are few members, who literally live and breath legislation, as PNL obviously does.

I wrestle (sic) my case.

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to Chris Mann
18th Oct 2017 13:56

I don't have the time to go backwards and forwards with people who are not helping in any way, so I will say my final piece and leave it here.

I had a query, I posted it (as anyone else would) and I expected helpful comments/replies. Not for people to get aggressive and be rude for absolutely no reason. Whether they contribute to this forum regularly or not, it does not give someone the right to speak to someone like that, it was completely uncalled for. I wish everyone a good day, and for those who have offered 'help' I am truly grateful, For those that haven't, all I can say is I hope you don't speak to clients or staff like that. It won't get you very far.

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to williamsaccounts
18th Oct 2017 14:06

You sir, are a joke.

Why ask a question, get a very detailed and helpful reply and then complain!

You actually sum up everything that is wrong with AW these days.

Oh wait, you aren't good with abbreviations, AW stands for Accounting Web.

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to JCresswellTax
18th Oct 2017 14:23

I didn't complain about the helpful replies, I complained about someone being rude to me for no reason?

I thought this place was somewhere to come for help, not for people to be abusive when someone doesn't understand something. Genuinely surprised you have the time to post comments when quote 'not trying to be helpful'. Surely the point of this forum is to ask for help and or help people.....

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to williamsaccounts
18th Oct 2017 14:12

"I don't have the time to go backwards and forwards with people who are not helping in any way"

I believe that this is one of the most disingenuous comments I've read on this site.

My Doctor often displays a poor bedside manner but, I'm seeking his judgement, not his friendship. I'd suggest that you really should get out more.

One thing's for sure, I doubt you'll find members queuing up to offer support in the future.

I think they call them "black balls".

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to Chris Mann
18th Oct 2017 14:25

Again someone offering no help......I don't have time to get out. Way too much work to do.

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to williamsaccounts
18th Oct 2017 14:46

Utterly incorrigible.

I believe J Cresswell would (correctly) describe members similar to you, as "freeloaders".

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18th Oct 2017 14:57

Moderator here. The thread has been locked. It is counter-productive leaving this thread open any longer.

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