Claiming Reading Glasses as a Tax Deductible Expense: Guidance for Limited Companies in the UK

As an accountant working closely with various businesses and individuals across the UK, one question that frequently arises is whether specific expenses can be claimed as tax-deductible.

One such expense that generates curiosity among clients operating through Limited Companies is the purchase of reading glasses (I wear glasses myself and I can’t work without them).

So let's explore if you can claim reading glasses as a tax-deductible expense, in line with HM Revenue and Customs (HMRC) guidelines.

First and foremost, it's crucial to understand that tax-deductible expenses are those that are exclusively for the use of your business. HMRC's guidelines are stringent about ensuring that expenses claimed are wholly, exclusively, and necessarily in the performance of the duties of the employment or business.

Reading Glasses: When Can They Be Claimed?

For reading glasses to be considered a tax-deductible expense, they must be necessary for the performance of your work. This means that if you require reading glasses primarily for computer work or reading documents related to your business, you may be able to claim the cost as a business expense.

However, the key factor HMRC considers is whether these glasses are used exclusively for business purposes. If the same reading glasses are used for personal tasks or activities outside of work, then claiming them as a business expense becomes more challenging.

Before purchasing reading glasses and considering them for a tax deduction, it's essential to have an eye test conducted. If the eye test confirms that the glasses are required specifically for using a computer screen or for other work-related activities, the cost of the eye test and the glasses can potentially be claimed as a business expense.

The eye test serves as evidence that the glasses are a necessary requirement for your work, aligning with HMRC's criteria for allowable expenses.

Claiming the Expense

To claim the expense of reading glasses, you should:

Keep Receipts: Maintain clear records of the purchase of the glasses and the eye test, including receipts and any prescriptions.

Document the Necessity: It may be beneficial to keep a record or memo stating the reason these glasses are required for business purposes, especially if an eye test report specifies the need for glasses during work activities.

File Appropriately: Include the cost of the glasses and the eye test as part of your company's accounts, categorising them as office expenses or other relevant categories based on your accountant's advice or where you think they are most likely to be disclosed in the financial statements.

Final Thoughts

It's essential to approach the claim of reading glasses as a business expense with a clear understanding of HMRC's guidelines.

The principle of exclusivity for business use is critical in determining whether such expenses are tax-deductible. As always, it's advisable to consult to ensure compliance with HMRC regulations and to receive tailored advice based on your specific circumstances.

You can read what HMRC themselves say here.

Anlo Financial Solutions – Contact us today for expert guidance on allowable business expenses.