Clean It Up
UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: Mike_Outlook on April 06, 2006, 08:49:53 pm
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hi,
leaving aside the issues of hosepipe bans regarding the use of w.f.p. ,it is a fact that water has now become a legimate business expense,even more so given the amount of wastage required making product water, and especially if one is in a metered area.
My question is therefore, can we claim a percentage of our water rate bill as a legitimate business expense,and has anyone already done this and succeeded;can't see any reason why this shouldn't be justifiable,but perhaps any tax law specialists amongst us may know different?
Cheers, Mike-Outlook
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hi mike, if its a cost regarding your buisness, its tax deductable, but they will want you to prove the % your claiming. macc
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I only think this would be the case if you were on a water meter.
If you, like I do, just pay a flat rate for your water, then I don't think it could be classed as tax-deducable. You'd have to pay this anyway.
However, if you're on a water meter, then a portion of it would be tax-deductable.
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like TOSH said & thats what i ment, if your on a meter you can prove a % of the bill is for work, thats deductable. if your not on a meter, you would have to pay that figure anyway, no tax claim.
thanks TOSH, never made that clear.
macc
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thanks guys, I live in the south so metering is a distinct possibility soon.
It just seemed to me that the old H2o has become a consumable commodity now with the advent of W.F.P. and I'm up for anything that'll cut down on the tax bill!
cheers Mike