Share this content
0
1410

fitbit bought for employee

allowable?

Didn't find your answer?

Search AccountingWEB

as it says on the tin

Replies

Please login or register to join the discussion.

avatar
15th Jul 2019 16:53

Wholly and exclusively for the purposes of the business?

Thanks (0)
avatar
to paul.benny
15th Jul 2019 17:00

Employee remuneration tends to be...

Thanks (1)
avatar
15th Jul 2019 17:03

Whilst gorging in sheer information gluttony, it occurs to me that the employee has a benefit in kind.

Thanks (2)
avatar
to Vile Nortin Naipaan
15th Jul 2019 18:14

Vile Nortin Naipaan wrote:

Whilst gorging in sheer information gluttony, it occurs to me that the employee has a benefit in kind.

I think we are reading far too much into the question. Tax isn't mentioned. The correct answer would surely be "yes, employers are allowed to buy things for their employees".

Thanks (0)
15th Jul 2019 17:07

[chuckle]

Depends. Does it now belong to the employee or does it still belong to the company?

Thanks (0)
avatar
to lionofludesch
15th Jul 2019 17:28

So now you want to go into the detail of how you go about calculating the benefit? Let's scour the OP and extract from the veritable plethora the pertinent facts that can help us?

Thanks (0)
to Vile Nortin Naipaan
15th Jul 2019 17:42

You're right.

I'll pass on this one.

Thanks (0)
avatar
15th Jul 2019 17:25

What’s the business? I mean, if it’s say, Fitbit Tester R Us Ltd, it’ll probably be a different answer for the BiK question that ...god... didn’t ask.

Thanks (0)
avatar
15th Jul 2019 18:22

I have spoken to the OP and the fitbit was bought for the employee as a long service award that falls within the tax exemption. Only joking.

Thanks (0)
16th Jul 2019 08:39

Isn't it weird how in the post title the first 'i' in fitbit doesn't have a dot on it?

Thanks (3)
to Duggimon
16th Jul 2019 08:45

"I can't be responsible for every jot and tittle" as someone once said.

Thanks (0)
avatar
to Duggimon
16th Jul 2019 08:50

Duggimon wrote:

Isn't it weird how in the post title the first 'i' in fitbit doesn't have a dot on it?

Yes. Good spot

Thanks (1)
avatar
16th Jul 2019 09:03

The new Mr Chad.

ohgoodgodno facts.

ohgoodgodno question.

Thanks (1)
avatar
By Alex_T
16th Jul 2019 14:20

Begs the question, what business are they in?

Thanks (0)
avatar
to Alex_T
16th Jul 2019 14:28

No. The question that begs itself is what are the employee's duties, but that's way too advanced on the information not provided so far.

Thanks (0)
avatar
to Vile Nortin Naipaan
16th Jul 2019 14:42

Many people in this country are employees. Many of them have Fitbits. Many of those were gifts. Many of those gifts were non-remunerative.

(My "many"s get smaller from left to right, obvs.)

Not many came in tins though. The one piece of info we're actually given and I've still no idea of its significance.

Thanks (0)
16th Jul 2019 17:20

Is it a trivial benefit ?

What do these gadgets cost ?

Thanks (0)
avatar
to lionofludesch
16th Jul 2019 17:34

Seems I missed the OP's answer to your first post.

Thanks (0)
to Tax Dragon
16th Jul 2019 17:44

And his reply to every other post.

Thanks (0)
Share this content