Quote:
Originally Posted by Haremlover
You'll be in the pleasant position too of the purchase being tax deductable.
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You might want to amend your post with this Harem:
Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
Its the guy down the pub issue in that if someone in the pub gives you tax advice and you act upon that advice then you can reclaim your loss from the person who gave the advice (and the losses can be a lot more than the expenditure as HMRC really like their interesst, penalties and surcgharges).
In this instance whether a doll meets the criteria of Wholly, necessarily and exclusively is debatable. I would go with the same arguement as work suits in that even if you only wear a suit for work you could wear it for other occassions therefore you cannot claiim for your clothing. The answer with regard to dolls would also depend upon the legal form of the purchaser and the contents of their memorandum and articles.
Best approach is to never give tax advice as the UK tax system is nowhere near as simple as you may think it is with some nasty pit traps set for the unwary.
This isn't my normal disagreeeing with you. Its legitimate concern that if the poster acts upon your advice you would become liable if you do not also include a disclaimer. Feel free to lift the above statement and post it as a footer.
We'll get back to our normal level of disagreeing with each other in future posts
Shamus.