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eddieh

Dogs and HMR&C

Could anyone tell me if dogs have their own tax allowance. Remi has been raking it in today, winning £3.00 in AV Puppy stakes and £1.00 in AV Junior stakes. I wouldn't like to get on the wrong side of the revenue. Wink
guy

you can have dogs as a legitimate business allowance if they can be shown to contribute to the business.  

Whilst Remi may be earning you need to offset these earning with any direct and indirect costs.  

Direct costs could be entry fees and transport costs to get to the show.
Indirect costs would be husbandry costs that Remi might incur - food springs to mind.

Don't forget to carry forward any losses.

Well done on the results. Laughing
eddieh

Thanks Guy. He did get a couple of other placings.

Best AVNSC Gundog Puppy (They didn't have an only puppy rosette), 3rd Junior AVNSC gundog (nobody got Res or VHC).

The Stakes placings pleased me though as they were large classes and he got a 3rd in puppy and VHC in Junior
Victoria

GO REMI GO!!   Congratulations!!
sallie

Well done to Remi. Plus a very valid point Eddie

Right that point has got me worried ... Monet earns money when out beating, should i disclose this to the inland revenue? - Monet earns between £25 - £40 every day out?
eddieh

If there were any "My friend thinks I should have won" rosettes, I'd have got one of those too. Actually I reckon they'd sell really well. Maybe I should get some made up.  Wink  Laughing
guy

eddieh wrote:
If there were any "My friend thinks I should have won" rosettes, I'd have got one of those too. Actually I reckon they'd sell really well. Maybe I should get some made up.  Wink  Laughing


where is johnhod when you need him?
Ghilliegumdrop

Shall I get my tame supplier to make some up Twisted Evil  Twisted Evil
Victoria

Shhhhhhish about income stuff...it only takes one bureaucratic buffoon to get a whiff of this!!!!!    So will you  be able to retire soon, Eddie???   I love the idea of the rosettes...excellent...!!
eddieh

I've a horrible feeling that Remi's winnings will exceed my pension, so I might as well.
doganjo

sallie wrote:
Well done to Remi. Plus a very valid point Eddie

Right that point has got me worried ... Monet earns money when out beating, should i disclose this to the inland revenue? - Monet earns between £25 - £40 every day out?


No he doesn't it is the beater who i paid!  Most shoots theoretically take the tax off before paying out and remit to the HMRC (or should!)
sallie

Hmm thats strange as they gave me money when i wasn't beating  Laughing  but i'm not one to complain about extra cash. Will tell Monet he owes me money in that case, as i used all the money he earned on little extras for him.... new towels, fleecy blanket, toys, bed... you get the picture.

Eddie - any luck with the rosettes Wink if anyone deserves a rosette its you  Laughing
eddieh

sallie wrote:

Eddie - any luck with the rosettes Wink if anyone deserves a rosette its you  Laughing


I’ve a feeling that if a member of the committee of the society running a show found me selling them at a show, I could expect some unwelcome correspondence from the Kennel Club
Laughing
doganjo

There is a trade-stand that sells rosettes of all colours and virtually any message on them.  They go to all the major champ shows.

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