Air rifle….. tax deductible?

[Wilksy]

Sorry if this is in the wrong section, can a farmer put an air rifle through there books? It would be in lew of payment for help/work but if it helps him by tax deductible it’s win win

 

[happycows]

Sorry if this is in the wrong section, can a farmer put an air rifle through there books? It would be in lew of payment for help/work but if it helps him by tax deductible it’s win win

I claimed the vat back and put it through the farm accounts. It's for killing vermin in the farm buildings. I'd be happy to argue that one all day long!

 

[Still Farming]

Pest control

 

[Highland Mule]

Sorry if this is in the wrong section, can a farmer put an air rifle through there books? It would be in lew of payment for help/work but if it helps him by tax deductible it’s win win

For your own use, I'd say yes without a seond thought. To buy for use as an item to barter with, I'd say not. Will you get caught if you do, I suspect the odds are slim to none.

 

[Wilksy]

Thank you, it’s what I thought but nice to hear others have, he gets me cartridges in the same arrangement but you can only use so many,

 

[Still Farming]

Thank you, it’s what I thought but nice to hear others have, he gets me cartridges in the same arrangement but you can only use so many,

Millions of crows , pigeons,Magpies ,rabbitts and foxes about allegedly!

 

[Clive]

you could claim vat and put it through accounts if it remains a asset of the business and its purpose is for vermin control

buying it to gift someone else however would require it declared as a benefit in kind i would guess ? meaning that person receiving it paid some income tax on it ?

 

[MrNoo]

Did the same for a rifle scope but is listed as an asset of the Ltd Co, will obviously depreciate along with the rest of the kit. Acc didnt question it

 

[Wilksy]

Thank for your reply’s folks!

 

[neilo]

Surely it’s just an unspecified tool, the same as a set of spanner’s would be? If it gets ‘lost’, as a set of spanner’s might, then it’s neither here nor there.

It’s hardly a big ticket item that needs to go on a schedule of machinery is it? Lots of overthinking going on imo.

 

[Nearly]

Everything is a business tool unless I say otherwise.