Foreign.
Speaker BAnd welcome to the Pat Accounting Podcast with me, your host, Vicky Clark.
Speaker BI'm going to help you get to grips with your finances, save you lots of money and take the stress out of doing your tax return.
Speaker BSo let's get going.
Speaker BHello and welcome to the Christmas special of the Pet Accountant.
Speaker BWe have the lovely Lee with us today.
Speaker BHe's been avoiding us for the last few months for one reason or another, but I have dragged him on for the last educational podcast of 2025 because next week I've got the lovely Charlotte Perrott on and we're going to start talking lots of marketing things and social media.
Speaker BSo this will be the last tax related podcast of 2025.
Speaker BSo, so why not do one on?
Speaker BHave you taken my Christmas special banner down?
Speaker AI haven't touched your banners because I'm not allowed.
Speaker AI've logged in as a guest today so I can't do anything.
Speaker BOh you see, haha.
Speaker BSomeone took my Christmas special.
Speaker BSo we are going to do a Christmas special because we do get comments and questions about what people can claim for Christmas and what they can't.
Speaker BSo we're going to do a little bit of role play today and Lee doesn't know what I'm going to ask him, so he's primed and ready and I'm going to pretend that I am a dog groomer, walker, trainer, boarder, pet shop all rolled into one and I'm just going to fire some Christmas related questions at Lee as if I was one of you guys and then we'll see what the answers are.
Speaker AI put polos in the group and I asked if other people would like them me to ask you the questions and that's what should happen.
Speaker BThey would like that because I would allow everything, whereas you don't.
Speaker BSo that's why it's best to listen to you and not me.
Speaker BBecause people would be like, can I put my walking boots through?
Speaker BAnd I'd be like, yes, of course you can.
Speaker BMakes sense.
Speaker BSo this is why we ask Lee these questions because people do one.
Speaker ANo, you can't, you can't, you can't, you can't.
Speaker BAnd, and that's the same with chiropractors.
Speaker BA massager, for the nine millionth time.
Speaker BHe can't do it.
Speaker BBut right, so.
Speaker BAnd he has literally no idea, guys, what we're asking him.
Speaker BNot a clue.
Speaker BWe just made it up on the spot.
Speaker BI don't even know what I'm going to ask him.
Speaker BSo we'll see how it goes.
Speaker BAnd if you do have Any questions that you would like to pose to Lee, then please pop them in the comments.
Speaker BEven if they're not Christmas related, he'll answer them.
Speaker BIt's Ask Lady.
Speaker BIs that mastermind for Lady.
Speaker BIs that the.
Speaker BIs that the program?
Speaker BCool.
Speaker AIt could well be.
Speaker AIt's just that there was a power cut that we had the other day and I've been up since 3:00 the morning before, so I'm a little bit tired.
Speaker BExcuses, excuses.
Speaker BThe short and sweet.
Speaker BThat's what we like.
Speaker BShort and sweet.
Speaker BRight.
Speaker BQuestion number one.
Speaker BI am a dog walker, SL groomer and it's Christmas.
Speaker BSo I would like to give my clients, poor parents.
Speaker BParents, a little gift for Christmas.
Speaker BAnd what I've decided to do is I'm gonna get some.
Speaker BWell, actually, I'm gonna give my clients the gift.
Speaker BI'm gonna get some little dog treats and put them in a nice little cellophane wrapper and stick my logo and details on the front as a gift.
Speaker BCan I claim this as an expense?
Speaker BHi, Jack.
Speaker AHi, Jack.
Speaker AThe answer is yes, you can.
Speaker AThe important thing here is that it's a form of advertising.
Speaker ASo your details and your branding is what makes it allowable.
Speaker AIf you give gifts that doesn't have any of your branding on, then they're not allowable.
Speaker AIt would be classed as client entertaining, which is a disallowable expense for tax purposes.
Speaker ASo make them allowable by sticking your contact details and your branding on them.
Speaker BFabulous.
Speaker BRight?
Speaker BI am a dog groomer and I would like to give my clients.
Speaker BSorry, the dogs are kicking off.
Speaker BWould like to give my client a gift for just being the best clients in the world and not whinging.
Speaker BWhen I put the prices up and I want to buy them all a bottle of wine or Prosecco and some chocolates.
Speaker AIs that a real difficult one?
Speaker ABecause the answer is no, it's not allowable.
Speaker AThe fact is, is food and.
Speaker AAnd alcohol, which isn't.
Speaker AWhich is basically client entertaining.
Speaker ASo you wouldn't get tax relief for that even if you stuck your logo on there.
Speaker AAnd so food and alcohol is.
Speaker AIs not.
Speaker AIs not allowed.
Speaker BBecause someone did put on, I think Tegan did a graphic about stuff and someone said, but what if I want to buy my client some chocolate?
Speaker BSo that's not allowed because it's food.
Speaker BYeah.
Speaker BSo chocolates and booze, or food and booze is a.
Speaker BNo, no.
Speaker BBut if you want to get them something with stuff, sticky label on, like.
Speaker ADog treats or whatever, diaries, pens.
Speaker BYeah.
Speaker BThen that is allowable.
Speaker BSo there we go.
Speaker BRight.
Speaker BI am just thinking of these on the spot.
Speaker BI am a soul trader and I have subcontractors that work for me.
Speaker BI'm a dog walker and I've got two dog walking subcontractors that work for me and I want to go out for a Christmas meal and get drunk.
Speaker BIs that an allowable expense?
Speaker ANo, unfortunately not.
Speaker AThe issue around this is that if they were employees on your books and on the payroll scheme being reported to HMRC as such, then you'll get up to 150 pounds per head for every employee that you have.
Speaker ANow bear in mind as a, as a sole trader, you're not an employee, so the 150 pound doesn't apply to you, but only to the number of members of staff you have on the payroll.
Speaker ASo with these guys being subcontractors, unfortunately there's no allowance that you're allowed that to take them out to have part.
Speaker BEven take yourself out.
Speaker ANo, you're not a soul trader or partnership, I'm afraid.
Speaker ABut direct.
Speaker BWe can't even take.
Speaker BYou can't even take yourself out for a meal.
Speaker BA meal for one still not allowable.
Speaker AYeah, I mean you could spend the business money on it, but it, you'd be taxed as if you didn't.
Speaker ASo it's, it's up to you.
Speaker AIt's a nice gesture, but you're not going to receive tax relief on it.
Speaker BHowever, if you're a limited company.
Speaker BYes, let's go into that.
Speaker AThe rest are on the payroll.
Speaker AFish, you know, if you're, you're taking the minimum salary, 12 hours, it doesn't matter how much salary you're taking, but as long as you're on the payroll, it's being reported as such, then you are an employee and you do get £150 that you can spend on yourself for the party.
Speaker AAnd the key thing here is that you can have multiple parties throughout the year, but it must, the collective of those parties must not exceed £150 including the VAT.
Speaker AIf it does, you'll be taxed on the parties that you've had.
Speaker ASo if you keep it below £150 collectively throughout the year, there's no tax.
Speaker AIt's an allowable expense and it gets your tax bill down as well.
Speaker BSo there you go.
Speaker BPerks of being a limited company, I guess.
Speaker BWhat else was.
Speaker BI was going to.
Speaker AIt's got to be at least one or two.
Speaker AWith a limited company you get taxed left, right and said otherwise.
Speaker BWell, yeah, boo to Rachel Reeves and there was There was something to do with that.
Speaker BI was going to say, and I can't remember what it was.
Speaker AOkay, I could see you.
Speaker AThere wasn't much planning for today's live.
Speaker BI have done lots of planning.
Speaker BWe do have.
Speaker BWe do every live.
Speaker BOh, that was it.
Speaker BIf you want to get your staff gifts, does that work the same way with subcontractors and staff?
Speaker BI.
Speaker BIf you want to buy them like a gift card, how does that work?
Speaker ASo again, the key here is they have to be on the payroll, otherwise it's a form of entertainment.
Speaker AIf your staff are on the payroll, if you're a director, you're limited to six 50 pound vouchers or six lots of 50 pounds that you can spend on yourself.
Speaker AIt's an allowable tax deductible expense without a benefit in kind tax being charged if you're an employee or if you have employees.
Speaker AAgain, it's still the 50 pound limit, but there's no limit on the number of times that you can give it to them.
Speaker AAs long as it's not contractual, then the £50 that you give the staff is a tax deductible expense.
Speaker ANow that can be in the form of a gift card as long as the gift card can't be exchanged for money.
Speaker ASo it can't be a money voucher, but as long as it's not performance related or contractual and you give it as a, like a birthday or a Christmas present, then absolutely.
Speaker AUp to 50 pounds each for each member of staff.
Speaker AClaim it against your tax and no issues at all.
Speaker ABut again, the employees, they're not subcontractors.
Speaker AIf it's subcontractor, it's a form of entertainment and it's disallowed for tax purposes.
Speaker BSo employee people.
Speaker BDon't use sub.
Speaker BDon't use subcontractors.
Speaker BGet them on the payroll.
Speaker BThere's some perks to.
Speaker AThere are benefits of having them on the payroll.
Speaker BYeah, we do give our staff little cheeky vouchers for their birthdays.
Speaker BIt was our Sophie's 18th birthday yesterday and I know she's watching because I can see it on the phone.
Speaker BSo happy birthday.
Speaker BShe's now become an adult.
Speaker BMaybe we'll get her on the podcast at some point next year.
Speaker BShe probably dive.
Speaker AYeah.
Speaker BHere in this.
Speaker BBut we'll drag.
Speaker BWe'll drag her on so everyone can see who Sophie is.
Speaker BHe works alongside Emily.
Speaker BRight.
Speaker BI'm trying to think of some more Christmassy related questions other than gifts.
Speaker BStaff parties, can you take your clients out for dinner?
Speaker AOkay, so again, no well, for God's sake, Scrooge.
Speaker BScrooge.
Speaker BHMRC.
Speaker AYeah, but you've got to think, looking from HMRC's point of view, whilst it's nice, it's, it's money that's not really helping, you're directly helping your business.
Speaker AYou could claim that I'll get more business back from it, but ultimately it is a form of entertainment.
Speaker AIt's a way of, you know, spending money on, on alcohol and food.
Speaker ASo it, it really doesn't directly relate and transform into sales.
Speaker ADoes build.
Speaker BWhat happens if you take an affair?
Speaker BWhat happens if you're taking a prospective client for dinner or to schmooze them into becoming client?
Speaker ADoesn't make you, you're still entertaining.
Speaker ASo.
Speaker AAnd I think they, they stopped that back in the 80s.
Speaker BWhy can't we take them somewhere really boring?
Speaker BSo it's not entertain, they're not entertained, but we still buy them dinner.
Speaker ABut here's the thing, if you do take a client out, that is as a form of a, of a business meeting in terms to generate more business, there is an argument that you may be able to claim your meal and your drink as an allowable expense because you are doing a.
Speaker APerforming a business function whilst you're there, but the clients, one that you pay for, that's not allowable.
Speaker AAnd again, you have to keep agendas and meeting notes and other bits and pieces that can justify this meeting that you had with the client for that expense.
Speaker ABecause if you just start putting loads of money through for food and drink that you've had because you decided to go here and there and lunch other bits and pieces, that's not allowable.
Speaker ASo remember, these meetings have to be outside of your usual working habits in order for them to be allowable.
Speaker ASo there are exceptions to that rule.
Speaker ABut mainly it's only your meal that would be allowable if you were entertaining a prospective client in order to gain business from it.
Speaker ABut their meal is entertaining and disallowable for tax purposes.
Speaker BAnd this is why, guys, you should have an accountant so they can tell you the difference between all these different crappy rules by hmrc.
Speaker BThey need to change them.
Speaker BThat's ridiculous.
Speaker BAnyway, we have got a question from the lovely Helen.
Speaker BI've made some soaps.
Speaker BCan I gift my soaps to my customers and then bill myself?
Speaker ANo, unfortunately not.
Speaker AHelen, you can't bill yourself because you are the business and you are the sole trade.
Speaker AThe fact is that your soaps can be given and maybe the materials that you've, you've.
Speaker AYou've bought the soaps, you go to make the soaps, they could become an allowable expense.
Speaker AAs long as those soaps had a form of advertising of your business on, then they can be given as a gift to you, as an advertising gift to your clients.
Speaker ABut you can't bill yourself for your time or anything along those lines in respect to them.
Speaker BGood doom and gloom for our Christmas special, guys.
Speaker BI'm sorry, I. I want to.
Speaker BI want to.
Speaker BA question that I know is going to say yes to, but I feel like there isn't any.
Speaker BApart from buying some doggy treats and putting them in a bag or a box and sticking your label on it and giving them to clients.
Speaker BAnd that is allowed.
Speaker BThat's probably the only thing I can think of that you can have.
Speaker BOh, here's a good one.
Speaker BI am a dog groomer and I've got a home salon and I want to buy some Christmas decorations, like a little Christmas tree to put a me little reception bit and some tins and whatever.
Speaker BCan I claim those as an expense?
Speaker AOkay, so this is one we have to be really careful with.
Speaker ASo if you're a home groomer and you have a dedicated building at home that is separate from arguments like your front living room or the kitchen or something along those lines, you've got a dedicated space where your clients actually enter, then you can buy bits and pieces to decorate that space.
Speaker ASeasonal decorations.
Speaker AIt doesn't have to be Christmas.
Speaker AIt could be, you know, Halloween, Autumn, anything along those lines.
Speaker AValentine's Day.
Speaker AIf you've got clients going into that space, then absolutely you can buy trinkets and other bits and pieces.
Speaker BYeah.
Speaker AFor that purpose.
Speaker BI feel it is.
Speaker ABecause if it's inside your home, then anything that you buy inside your home to decorate is the duality of use.
Speaker ASo where you can't accurately measure the business proportion to the personal usage of it, it's disallowed in its entirety.
Speaker ASo if you do groom from home in, in your home, then things like Christmas trees and other bits and pieces would generally be disallowed, unless there's a specific space, usually outside in the garden or somewhere, which is dedicated to business use.
Speaker ABut be very careful because anything that's dedicated 100% to business use means that you'll have to pay capital gains tax on the house when you come to sell it based on the business usage of that space.
Speaker ASo as an accountancy firm, we would always, always recommend that you have dual usage of every single space, I. E. You use it personally for something.
Speaker ASo if You've got a home office.
Speaker ATurn it into a music area where you go and play the piano or the cello or whatever it is, but, but something that you use the space for.
Speaker AMe personally, I watch movies and I've got, you know, a comfy chair and I can, in the evenings I can go and set up a large TV and watch and watch a movie.
Speaker AAnd that's my personal usage of the.
Speaker BThere was a joke I could.
Speaker BI was going to say that, but it's not PG for 12 o' clock on a Thursday so I will keep it to myself.
Speaker BSo for example, I was gonna.
Speaker BIt was more clarinet.
Speaker BSame thing but bigger.
Speaker BSo for example, a dog border obviously boards from home and they put a Christmas tree and whatever.
Speaker BThey're not going to be able to claim that because that's just in their general living room making their living room look messy.
Speaker AThat's it.
Speaker BBut someone that's got a green salon in the garden that the clients go in specifically for that they could put a Christmas tree outside and whatever.
Speaker BYeah, yeah, well we got, we got a half.
Speaker BYes, there guys outside would be very.
Speaker ACareful because again you're in the garden space.
Speaker ASo this is duality inside the space.
Speaker AYou could put it in there.
Speaker BSo guys, take your Christmas trees from outside your grooming salon door and put them inside photos.
Speaker BOtherwise drag it back, Scrooge, HMRC will come and find you and say you've got your Christmas tree outside and not inside.
Speaker BSo there we go.
Speaker BWhat else?
Speaker BCome on.
Speaker BThere must be other Christmas related ones that we've seen.
Speaker ACarl, there's loads of ways that people can save money with their taxes.
Speaker AIt doesn't have to be just around Christmas.
Speaker ASo for argument's sake, if you've got somebody that's over the age of 13 but under the age of 16 and you pay them for pocket money and that pocket money encompasses use, you know, then helping you around your business, whether it's sweeping the floors, helping you back dogs, helping you walk the dogs, if they help for that money, you can actually put that money through your, your books as an allowable expense to reduce your taxation.
Speaker ANow the money that you pay them has to be in proportion for what you would pay somebody else of the same job.
Speaker AYou couldn't say aha, little Johnny Hels who walk the dogs are paid in 50 grand this year.
Speaker ADoesn't work like that.
Speaker AIt has to be, you know, proportionate.
Speaker BBut what is if you were multi millionaire and 50 grand was pocket money.
Speaker ABut then it has to be what you'd pay somebody Else, not just a family member.
Speaker ASo again, there's rules and regulations around it, but generally if you pay somebody pocket money that's between the eight.
Speaker AAnd remember there are strict rules with employing somebody between the ages of 13 and 16, so you have to make sure you follow those and your local councils as well.
Speaker ABut it is an option and a way of reducing your tax burden if you do have children that you do pay to to help around.
Speaker BActually, I've seen quite a few clients add that into their spreadsheets and stuff since we gave everyone that little tidbit and so it shows that they are listening to the podcast.
Speaker BWe are listening quite if quite a few more people live paid their kids for pocket money for doing stuff.
Speaker BSo put it in, that's it.
Speaker AAnd you know, I think again, if I'm looking at.
Speaker ABecause we're in the height of self assessment seizing at the moment, honest to God, it's like Groundhog Day with the numbers that we're going through.
Speaker AThere's a common theme of certain things, of the basic expenses that people are forgetting about and forgetting to put on their spreadsheets, forgetting to include in their records, you know, like the use of your mobile phone.
Speaker AJust because you pay it personally from a different account, that doesn't mean we can't include elements of your mobile phone in your accounts as an allowable expense.
Speaker ASo you need to tell us that you are using your mobile for business, you know, your business insurance that needs to go in there as well, that people forget about the use of your car if you, you know, I understand that you may not use your car to pick up and drop off dogs, whatever profession that you're in.
Speaker AHowever, if you do use the car for business purposes.
Speaker ANow a business purpose could be as simple as going to the shop to buy stationary because you needed paper or, or, or print ink that if you record the miles that you've done.
Speaker ABut it has to be specific for the business.
Speaker AIt couldn't be you've gone to the shop for your tea and you've picked up stationery there and then because it's then incidental and.
Speaker ABut if you specifically use the vehicle for going out to a client or to go to a suppliers, these are all business miles and they're all miles that we can claim at 45 pence against your tax bill.
Speaker ASo keep a log of them, they all add up as the year goes on and you'll be surprised by how much they can actually help reduce your tax bill by.
Speaker BYeah, I think there's a theme of People not putting stuff through that is because they've paid it on their personal card and it's not going through the account.
Speaker BThey use a business and they go well it's all right because I didn't, I bought all my poo bags on my personal card and the treats and I'm like yeah, that's fine, we can still have it.
Speaker BLook at all.
Speaker BAnd then they give you like another three grands worth of expenses that they put on their personal card which obviously makes a massive difference to the tax bill.
Speaker BSo.
Speaker AYeah, definitely, definitely.
Speaker AAnd I think one of the other ones as well that, that, that people generally forget about is the, the use of home element as well.
Speaker ASo if you do work from home there's a percentage or a proportion that we can claim for.
Speaker ANow some of the clients will be better off where we use actual expenses and we look at the proportion and the different rooms that they use at different hours, much more difficult to, to work out.
Speaker AAnd there's a onus on the client as well to be able to tell us how much they use each room for, for business purposes.
Speaker ABut that can, if you certainly groom from home and you use a specific room or you've got a grooming pod in the garden, that can be much more beneficial than the, the HMRC flat rate.
Speaker ABut again we look at both.
Speaker AIf the client is a dog walker then flat rate is much more beneficial and they'll need to fill that questionnaire in because whatever you put on it, it's that the flat rate is always going to be worth a little bit more than, than you know, the working it out individually.
Speaker ABut certainly whenever you come to us for your account we send you a questionnaire that asks that question so that we can assess what's going to be the best method for you.
Speaker BIf you don't use us.
Speaker BIf you don't use us, you can buy the utilities calculator from our website which like I say is a lot more useful for people that work from home.
Speaker BSo home boarders, home groomers, stuff like that, dog walkers who are predominantly outside and not in their house, then I probably wouldn't buy it because it's not going to be worth it.
Speaker BSmall for people who physically work from home like the borders and the groomers that are going to see the most benefit from it.
Speaker BAnd obviously if you are a client then please don't purchase it because we use it for you anyway.
Speaker AYeah.
Speaker BSo just, yeah, don't go wasting your money having a look because we give it to you anyway.
Speaker ASome of the other Examples of mistakes that I've seen people make as well is when they're providing figures to us, they're not for the dates that we need and they may include like fragments, say the tax year runs from 6th April 2024 to 5th April 2025.
Speaker AIf, if you've included all of April 2025 in your sales figure, for argument's sake, you're going to be paying tax on what is from the 5th to the 30th of April when you shouldn't be.
Speaker ASo it's really important that when you provide your figures and when you're doing your own tax returns that you're only including sales and expenses between those very two specific dates.
Speaker AI mean, some people will have a slight difference.
Speaker AYou might run from the 1st of April to the 31st of March.
Speaker ABut again, that's fine just as long as the information that you include within those accounts, within that tax return only happens between those two dates.
Speaker AAnd it's really important that you don't mix those dates year in, year out as well.
Speaker ASo once you've elected the date, you want to stick with that from one tax year to the next.
Speaker ASo that's another key one where people are potentially paying twice the tax on a set free because next year we will look at the sales from the 5th of April, but if you've already put them in the previous years, you'll be double taxed on that without realizing it.
Speaker ASo dates are really key there.
Speaker BAnd also with mileage and fuel, you can't switch between them every year, which we do see a few clients do one minute their mileage, the next minute their fuel.
Speaker BOnce you picked it, you have to stick with it unless your vehicle changes.
Speaker BSo again, make sure that you do get confused with mileage and fuel.
Speaker BAnd again, that becomes more complex if you buy a car or van, but we'll not go into that now.
Speaker BBut yeah, just be mindful that you.
Speaker ADon'T change picking that once you've picked the 45 pence a mile, that's everything relating to that car.
Speaker ASo car washes, insurance, tax, fuel, maintenance, absolutely everything was related to that car is included in the 45 pence.
Speaker ASo don't be putting other motor related expenses in your accounts as well, because you're not allowed.
Speaker AAnd on the flip side, if you, if you opted to claim actual expenses where you are claiming the fuel, the moat, the insurance, the maintenance, the tax payments, that means that you've got to put absolutely every single receipt through.
Speaker AYou can't cherry pick which ones you think are business and which ones are personal.
Speaker AAll the fuel that goes into that vehicle has to go in your accounts and at the end of the year you take that figure and you say, right, I've used it for 90% business and 10% personal.
Speaker ASo you have to take 10% of the total figure away.
Speaker AYou can't just cherry pick the receipts you want to put through because then that's not a true reflection of your usage of that vehicle.
Speaker ASo again, be mindful that once you've elected which option to use, you stay and you put everything through that you should be for that vehicle and then adjust it at the end once you've got a total.
Speaker BSo there we go, you see, we are full of useful tips for Christmas.
Speaker B2025 wasn't the one.
Speaker BWhat's the other weird one we found not long ago about bicycle mileage?
Speaker AYeah, you can ride a bike as well.
Speaker ASo, yeah, if you ride a bike purposes, you can.
Speaker BBicycle mileage.
Speaker BSo there you go.
Speaker ARemember, if the bike mileage goes through, you can't put the bike purchase through.
Speaker ASo there we go.
Speaker AYeah, like.
Speaker BBut there might be people that cycle to you.
Speaker AYeah.
Speaker BSo.
Speaker BAnd I wouldn't have known about bicycle mileage if I wasn't in this job.
Speaker BSo there you go.
Speaker BBicycle mileage.
Speaker BFor all those fitness fanatics out there.
Speaker AWe'Ve had a good one today.
Speaker AThat's come up.
Speaker BThat's a short or long?
Speaker ANo, no, short, short.
Speaker ASo a home border has had some damage done to the property as a result of one of the dogs that they were boarding.
Speaker ASo for argument's sake, it could be absolutely anything.
Speaker AIt could be the side of the cupboard, it could be a rug, carpet.
Speaker ADoesn't matter what was done, it could be a carpet.
Speaker ASo here's the thing.
Speaker AIf the item to start with isn't business related and, you know, specifically for the purpose of business, just because it's in your home, it doesn't make it business related if it's damaged as a result of the business goings, on, I. E. You're a home boarder, you've got dogs there and dogs have chewed and damaged something, maybe a sofa.
Speaker AThat is an insurance claim.
Speaker AIt is not an allowable expense on your tax return.
Speaker AYou're replacing and repairing an item that is not business related and therefore not tax deductible if the item was something that was in the business.
Speaker ASo maybe you had bought recently a.
Speaker ALet's say you have dog cages, for whatever reason, you may have dog cages at home, they damage the dog Cage because the item was damaged to start with and it was a business related expense, the repair to that item is.
Speaker AIs allowable or the replacement of the item is allowable because it was business related to start with.
Speaker ABut where again, remember what we said, if you can't accurately measure the personal and business split of an item, it's disallowed in its entirety and is not allowable.
Speaker ASo if the dog chewed a rug, there's no business relation for a rug being within the business accounts to start with.
Speaker AYou can't accurately measure how much of the rug is for business and how much is for personal use.
Speaker ASo therefore the rug's not allowable.
Speaker AThe dog chews it and damages it.
Speaker AYou need to claim on your house insurance the payout from the house insurance isn't taxable because it was never an allowable expense to start with.
Speaker ASo that you can then go back out and rebuy the rug using the insurance money.
Speaker ASo just, just be mindful there that if you are home boarding and things are being damaged, it doesn't make it an allowable business expense just because it happened whilst at work.
Speaker AAnd this can go for dog walkers with glasses.
Speaker AWe've had it in the past where somebody's glasses has been damaged as a result of the client's dog doing something and therefore they've tried to claim the glass a new set of glasses as a business expense.
Speaker AIt's not how it happens.
Speaker ASo that the glasses are not allowable to start with.
Speaker AUnless you're using a computer screen and the, the ophthalmologist tells you that the you specifically require glasses to use.
Speaker BEven I couldn't get my work.
Speaker AIt must be only and for work beauty screens.
Speaker AAnd then glasses may be allowable, but general glasses, general eyesight, I need them to drive, I need them to see things close up, I need to see them far away.
Speaker BI need them to see your lovely face every day.
Speaker BSo I feel like that should be allowable.
Speaker BHelen's put that's good.
Speaker BThe boarding rabbits and guinea pigs nibble holes in the fleeces that go in their apartments.
Speaker BYeah.
Speaker ASo the fleeces, Helen, would be allowable because you're buying them to keep the guinea pigs warm and they're going to be like a consumable item for yourself because you'll constantly be repair and replace them.
Speaker AYou need them purely and simply.
Speaker AThey perform a business function in what you offer.
Speaker AIf the guinea pig escaped and chewed through your sofa cushion, then that's the bit that wouldn't be allowable and you'd have to replace the cushion yourself at your own pocket or claim on your insurance.
Speaker BI used to have two long haired guinea pigs.
Speaker BThey were cute.
Speaker BCute as a button.
Speaker BRight.
Speaker BWhat else?
Speaker BI think that's probably it for today.
Speaker BAnd our Christmas special that we've done.
Speaker BOh no, I've frozen.
Speaker BAlthough I'm back so I will be.
Speaker BI know I will be back next week on Tuesday.
Speaker BI think with the lovely Charlotte talking about all things marketing and social media and the upcoming Pet Pro Expo that she is coming back for next October.
Speaker BIf you haven't got your.
Speaker AThat's looking really exciting actually.
Speaker BYes, please, please, please buy them before we sell out.
Speaker BWe are going to be releasing one of our new speakers tonight.
Speaker BSo keep your eyes peeled on the social media.
Speaker AOh, is it tonight?
Speaker AOkay.
Speaker BOh no, not that one.
Speaker BA different one.
Speaker BNo, not, not the keynote speaker.
Speaker BJust another.
Speaker BSo we've got three speakers returning.
Speaker BBill, Romany and Charlotte.
Speaker BAnd then we've got four potential new speakers.
Speaker BTwo, three of which have been confirmed.
Speaker BThe keynote speaker we are going to release next week.
Speaker BI feel like that's when the tickets will go a bit crazy.
Speaker AAnd tonight because if you haven't got your tickets, grab them now because you might not get them when the keynote speaker has been released.
Speaker BLadies, especially you will want to see this keynote speaker.
Speaker BHe is easy on the eyes.
Speaker BThe Chip and Chippendales.
Speaker BSo yes, please, please, please grab them.
Speaker BI don't know, I think it's Magic Mike now, isn't it?
Speaker BRather than Chippendales.
Speaker BBecause the Chippendales were like when my mom was going out, I used to call them.
Speaker AThey were just a little tad older and a little bit.
Speaker BYes, yes.
Speaker BYeah.
Speaker BBit fatter, bit gray.
Speaker AIt's a walking stick that they're now swinging around.
Speaker BYes.
Speaker BA Zimmer.
Speaker BSo yes, please make sure we time the nail the Zimmer deals.
Speaker BYeah, please make sure you people probably think we have.
Speaker BWe haven't got naked men.
Speaker BPlease don't buy based on that.
Speaker BWe haven't.
Speaker BUnless we strip.
Speaker AImagine the reviews on that.
Speaker ADidn't consider this one person.
Speaker AYeah.
Speaker BCan't leave a paid this money and there's no naked men on the stage.
Speaker ABut you did strip one of the clients at the last.
Speaker BI did.
Speaker ASo that's not.
Speaker BI did not rule it out.
Speaker BIf, if you know, you know, if you were there you'd know exactly what happened.
Speaker BI can't confirm nor deny.
Speaker BSo you'll have to make sure that you come to the next export to see if I strip Kevin again which is Highly likely.
Speaker BBut yes, the online tickets are on sale, the in person tickets are on sale.
Speaker BIt's in Birmingham the 3rd of October 2026.
Speaker BAnd I say we release one of our speakers tonight, who's big, big, big.
Speaker BAnd we've got all bases covered, groomers, walkers, borders, everybody.
Speaker BSo it doesn't matter who you are.
Speaker ASpare specific to an industry.
Speaker BNo, we try and get speakers that are sort of in the various different sectors to spread it out, but the, the chat that they will do will all be generic business topics, so it doesn't matter who you are.
Speaker BAnd like I said, we may even have the chance of a bonus day on the Sunday, but that'll only be for 30 people.
Speaker BSo again, keep your eyes peeled on social media for that and grab a ticket because it's going to be a big one.
Speaker BOther than that, I will see you next week, but Lee will see you in 2026.
Speaker BSo to all our clients who have.
Speaker BI know, who have not got their paperwork to us yet and there is a large amount of you, please do, please, please, please send it because we do go on holiday on the 19th of December, which is a week tomorrow, and then we have two weeks off and we're back on the 5th or 6th of January.
Speaker BSo please, please, please get us your stuff now because we do not want a mad rush in January to get it done.
Speaker BSo please, if you haven't sent this yet, let us know.
Speaker BSend, send, send a quick one from me.
Speaker AYeah, A couple of people have left voicemails after we've closed thinking that we're still open.
Speaker ASo our, our telephone lines are open Monday to Friday, 8am till 4pm to be fair, I think it's my fault because I think on the voicemail it says at be closed that we're open till 5, but we're not.
Speaker AThe phone lines are open Monday to Friday, 8am till 4pm so if you do need us, please give us a call during those times.
Speaker AIf you do leave us a voicemail and we are closed, we usually will call you about in the morning after anyway.
Speaker ABut just be mindful that it is 4pm, that the phones go to voicemails.
Speaker BAnd if you need some extra time or anything like that, then please just let us know so that we can manage our time in January because there's still over 100 people who haven't got us their paperwork.
Speaker BAnd to do 100 tax returns, contrary to popular belief, will not take five minutes because they are complex.
Speaker BI know people say they did theirs in two minutes, but hey, ho, Maybe me and Leah just incredibly slow, but that does take a lot of time.
Speaker BSo please get them in if you haven't.
Speaker BIf you are one of those that are thinking, shit, I should have got an accountant because I don't know what to do.
Speaker BOur books are open, so please give Tegan a call or an email and she will be able to talk you through and we'll be able to get you in for the 2425 tax return.
Speaker BSo again, give Tegan an email at the below email address.
Speaker AJust be mindful that our books will open and close as we progress through January, because what we don't want to do is take too much work on and then over deliver and under.
Speaker AOh, rather it's over promise and under deliver, isn't it?
Speaker ASo we, we will open and close the books as we become busier so that we can make sure we can get through the work.
Speaker AWe'll close them again, look at how much we can take on and then open them.
Speaker ASo if you do need us to do your tax return, contact us now.
Speaker AThey are currently open.
Speaker AThat may change next week.
Speaker AIt.
Speaker AIt may change early January, but at the moment, give us a call.
Speaker AGet, get the email.
Speaker BI know Tegan's had a few people come in since we said the weeks have opened again.
Speaker BSo we will open and close them as we get busy.
Speaker AThere is a process that we've got to go through as well to get you on board.
Speaker AThis was not just a case of sending us the records.
Speaker AWe've got to onboard you as a client.
Speaker AWe've got to do some background things, got to get you set up on the systems.
Speaker ASo.
Speaker AAnd then even when you do send us the records, we get a cursory quick look through them, have a look at what we're missing, and then we may come back and ask for X, Y and Z.
Speaker AAnd that might need a little bit of time from you as well.
Speaker ACertainly what people aren't realizing is that if they've had employment in the year and we need a P60 or a P45 and it's not something that you can put your hands on, that takes you a little bit of time as well.
Speaker ASo just bear that in mind that we may need additional records from you that you haven't thought about and that might take a couple of weeks to get them from old employers or even hmrc.
Speaker AAnd I know phone calls to HMRC are taking a little bit of a time at the moment.
Speaker BThey take a bit of a time every day of the busy.
Speaker AYeah, yeah, crack.
Speaker ABut as, as we get closer and closer to the 31st of Jan, there's a lot of people.
Speaker BOh, they'll crash.
Speaker BYeah, and the system crashes because everyone's trying to submit their tax return on the 31st of January.
Speaker BAnd remember, you've got a date by then as well.
Speaker BYeah, you've got to pay it by the 31st as well.
Speaker BSo.
Speaker AYeah.
Speaker BYes, don't snooze, you lose, guys.
Speaker BSnooze, you lose.
Speaker BSo grab your ticket for the expo and get your bloody self assessment done.
Speaker BI will see you next week and Lee will see you in 2026.
Speaker ATake care all and have a great Christmas.
Speaker AI'll see you just a new year.
Speaker BYes, see you later guys.
Speaker BAnd remember, subscribe to the podcast.
Speaker BYes, click that button.
Speaker ABye.
Speaker ABye.
Speaker BRight, we'll see you next week.
Speaker BBye guys.
Speaker BThanks for listening.
Speaker BIf you've enjoyed my podcast, don't forget to subscribe for me.
Speaker BAnd if you want to speak to me, please visit my website@www.petaccountant.co.uk.
Speaker Band if you'd like to join my Facebook group, which is full of like minded pet professionals, then search accounting for pet professionals in Facebook and I will see you there.
Speaker ASam.