Wednesday, February 22, 2012



Clothing

Legends Promotional Products have over 2,000 lines to choose from on the online Clothing Brochure, a massive choice.

This includes T-shirts, Polo shirts, Hoodies, Sweatshirts, Knitwear, Womens Fashion, Corporatewear, Trousers, Shirts and Blouses, Sports and Teamwear, Hospitality, Workwear, Safetywear, Softshell jackets, Fleece jackets, Outdoor jackets, Kids and Schoolwear and Hats and Bags.

All of these items can be embroidered or printed or can, of course, be supplied undecorated.

The choice in some of these lines is truly astonishing, with hoodies and t-shirts available in over 50 colours each. These include: Alien Green, Candyfloss Pink, Fizzy Lemon, Hawaiian Blue, Ice Grey, Magenta Magic, Military Green, Pinky Purple, Pistachio, Serene Green, Sun Yellow and Vanilla Milkshake.

Sizes range from age 1-2 in the Kids product range, to a very beefy 10XL (80” chest) for some polo shirts!

New lines are constantly being added with some amazing advances in the quality, choice and price of technical t-shirts and polo shirts. The Just Cool range is particularly impressive.

Tax Relief Advice on Branded Clothing

The basic test for a Business to get tax relief is that the expense is "wholly and exclusively" for the purposes of the Business.

If a business pays to get clothing branded with the business name etc, then there can be little doubt that the expense is wholly and exclusively for business. If the business actually buys the clothing itself as branded because that is the way it is done then again, as a general rule, HMRC will accept the full cost.

The principle is that you cannot get tax relief on normal clothing, because we wear that to protect our modesty or keep us warm; as opposed to "wholly and exclusively" for business. However, where the clothes are clearly branded and not likely to be worn elsewhere, then they are clearly wholly and exclusively for business purposes.

How do you claim Tax Relief for Staff Clothing?

Q. Well how do you claim tax relief for any other business expense, such as purchase of materials, or telephone, or motor expenses?

A. There is no separate claim as such, it is treated as a business expense and included in your books and records. In doing so the expense is set off against profits, reducing the amount on which you would otherwise pay tax.

So, using Legends as an example -  If I spent £100 on branded shirts, then I would put that through my books and records. As a result my profits would be £100 less than they would otherwise have been, therefore, my tax bill will be £20 less than it would otherwise have been. Therefore, I have received 20% tax relief on my £100 cost of branded clothing. The true cost to me is then, arguably £80; or another way of saying this is the taxman contributed 1/5th of the cost.


Out of 440 marketing and procurement managers...
76%
can name a brand / company featured
on promotional merchandise on their
desk without having to look for confirmation

*bpma Whats on your Desk  Survey
*bmpa Whats on your Desk Survey
                              

Useful Links

If you would like to do more background reading then the following may - or may not - be of interest! 

Information below taken from HMRC Employment Income Manual



Girl in Cateran Yomp T - shirt

Technical polyester T-shirt 
With litho transfer print across the chest





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