How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask taxadvisor.uk Your Own Question
taxadvisor.uk
taxadvisor.uk, Chartered Certified Accountant
Category: Tax
Satisfied Customers: 4976
Experience:  FCCA - over 35 years experience as a qualified accountant (UK based Practitioner)
54961312
Type Your Tax Question Here...
taxadvisor.uk is online now

Hi there , I run a sports betting advisory service and have

Customer Question

Hi there , I run a sports betting advisory service and have to watch a lot of horse racing and football to help me with my work . Can my sky sports subscription be counted as tax deductable ?
Submitted: 3 years ago.
Category: Tax
Expert:  taxadvisor.uk replied 3 years ago.

Hello and welcome to the site. Thank you for your question.

For any expense to be allowable, it has to be wholly and solely for the purpose of the business. You could argue the case that this expenses is wholly and solely for business use and claim your sky sports subscription as an allowable expense for tax purposes.

 

If there is any private use, then only claim business use percentage e.g 60-85%.


I hope this is helpful.

Related Tax Questions