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high earner tax return

accounancy fees deductible?

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Hi, I think the answer is no to this but just in case anyone knows otherwise, client has to submit tax return, only has employment income, P11d and a portion of travel expenses to offset. Are my fees deductible?

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18th Jul 2019 16:30

Nope, not wholly, exclusively etc etc

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18th Jul 2019 16:59

Deductible from what? Are you proposing deducting your fee from his employment income? How would that work? Why does he have to submit a tax return? Even for high earners I can usually get HMRC to withdraw if everything is PAYE.

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to Tim Vane
18th Jul 2019 17:30

Tim Vane wrote:

Why does he have to submit a tax return?

^ This.

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18th Jul 2019 21:51

ANI > £100k

Or

ANI > £50k Child Benefit household and higher earner (though no mention of Child Benefit in original post)

Or

Expenses > £2.5k

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