Community

Paid with a voucher

GW
2022-07-05

Question

Hello,

I would like to do an investment in my business this year and I would like to pay for part of it with vouchers I received for my birthday. Is this allowed? How can I prove to the tax authorities that I actually made this payment with the vouchers?

Thanks!

Greg

Hello back,

No, it doesn't matter. Just pay with the gift voucher. If you have a document stating that you had to pay amount X, that's fine. It doesn't matter if a smaller amount was debited from your bank account. The shop isn't going to give you your purchases for free ;)

As strange as it may sound, that's indeed correct. What happens financially should be viewed separately from the accounts of a sole proprietorship. Purchase invoices, receipts, tickets, etc. are what count. The fact that it has been paid for with vouchers really doesn't matter to the Department for Business, Energy and Industrial Strategy.

Okay, thank you! All the better.

Ask a question
Ask your question to the Dexxter community with over 27.000 sole traders and verified Dexxter experts.

30-day free trial. No credit card required.

You really should try it out for yourself. Even if you don’t have a company number yet, you can already go ahead.

Community

Other questions from the community

Filling up a car that is not my property

Late entry of social security contribution invoice for Q4 2025

deductible expenses

Invoice only received on the new financial year, but still with the date from the previous (closed) financial year. Still to be entered. It is a cost with reverse-charged vAT.

Start-up costs and social security contributions

List of deductible costs/expenses from web developers, web designers, designers

cancellation

Add PO number

Invoice without vAT percentage

Unfortunately! Our community is currently only open to people who are starting a trial period on Dexxter

Unfortunately! Our community is currently only open to people who are starting a trial period on Dexxter