Westminster Security

PERSONAL SECURITY IS A TAX-DEDUCTIBLE EXPENSE

Similarly, a company could invest in office or retail store security, such as CCTV and alarms, security guards, security shutters, etc. even bodyguards for employees in the event of a special threat. Sole traders or limited company directors working from a home-based office could also invest in tax-deductible services and assets to protect themselves from potential threats.

The interpretation of “special threat” is not necessarily prescriptive and introduces a grey area open to interpretation. Therefore, documenting the reasoning for the allowance is essential in case of a subsequent dispute. Businesses can benefit from increased security, improved morale, retention and reputation, productivity, and profits, whilst saving tax by investing in security.

Most company owners and directors are unaware that security expenses are tax-deductible for businesses. While some companies see security as an unnecessary expense, it is essential to protect assets and employees. Investing in security can increase productivity, prevent theft, and protect owners and employees in the event of a robbery or targeted attack. Not only is security a wise investment, but it can also reduce tax liability.

This little-known fact is not widely discussed or published online. HM Revenue and Customs (HMRC) allows companies to offset their security expenses on services and assets that improve property and personal security against their corporation tax liability. However, some requirements must be met to be eligible for a tax deduction.

The perceived threat and risks must be established from the particular trade or employment, there is no necessity for any direct or impending danger. And the expenditure must be in connection with the use or provision of an asset or service which improves personal security.

CEOs, Directors, and other business executives could invest in a wide range of personal security services and assets, such as close protection, security chauffeurs, residential security guards, security doors and windows, and even a secure panic room if required.

Westminster Security are experts in threat and risk mitigation providing property and personal security in the UK and internationally for high-threat and high-risk business leaders and their families.

THE DETAILS

Professionals in protection. Always on Guard. For more information visit westminstersecurity.co.uk or call 0207 123 4544.

The greatest flower show on earth returns to Royal Hospital Chelsea with stunning garden designs, gorgeous floral displays and exclusive shopping. The world’s most prestigious flower show is more than a century old, but RHS Chelsea still delivers new ideas in horticulture. It is the pinnacle of garden design.

RHS has revealed the garden line-up for 2023 from the best garden designers gathering to showcase cutting-edge design and ideas with inspiration, colour and innovation. Expect to be dazzled!

2023 Show Gardens include:

The Royal Tribute Garden – designed by Dave Green. Created to celebrate His Majesty King Charles III’s first visit to the show as the reigning monarch, the design aims to instill a sense of calm and reflection about the monarchy. The central space is a circular lawn area featuring a curved bench. The garden features several trees bringing a woodland feel to the space and includes a bronze sculpture of the King.

Centre for Mental Health’s

The Balance Garden - designed by Wild City Studio: Designers Jon Davies & Steve Williams, built by Stewart Landscape Construction Ltd. The garden uses crushed site waste as aggregates producing a wealth of wildflowers, grasses and hardy shrubs and large concrete pieces reclaimed from waste salvage make up a central area overlooking a clear pool.

The Nurture Landscapes

Garden - designed by Sarah Price, built by Crocus Ltd. The inspiration for the garden has been drawn from the paintings of Cedric Morris and plants collected and bred by Cedric at his garden in Hadleigh. Cedric became famous for both breeding and painting bearded iris, growing around 1000 new seedlings each year and producing at least 90 named varieties.

The Fauna & Flora Garden - designed by Jilayne Rickards, built by Living Landscapes. The garden maps the journey of an ecotourist on a gorilla trek, tracing a rough track through a succession of lush and changing landscapes. The garden aims to demonstrate the critical importance of protecting nature and how this can be best achieved by putting people and collaboration at the heart of conservation efforts.

Sanctuary Gardens include: The Boodles British Craft Garden - designed by Thomas Hoblyn, built by The Landscape Consultants. The garden celebrates British craft makers by using their skills. Features such as the arbour created by Cox London, which serves as the destination within the garden and the floating pool by water sculptor Bamber Wallis, which mimics raindrops dancing across the surface. Inspired by the PreRaphaelites’ stylised depiction of woodlands, the garden is filled with plants selected for their perfected forms.

The Great Pavilion

An oasis of colour and scents with some of the world’s finest growers and nurseries exhibiting impressive displays and offering expert advice. Nothing compares to being surrounded by the colour and fragrance in the Pavilion - a truly unique experience. A paradise for every gardener!

The Discovery Zone is home to educational exhibits promoting the latest discoveries in horticultural science. Visitors can explore inspiring displays, many of which champion the benefits of gardening and it can combat climate change or improve mental wellbeing. For more details and to book tickets for RHS Chelsea Flower Show, visit rhs.org.uk/ chelsea

The Rhs Chelsea Flower Show Experience

Enjoy exclusive boutique shopping - from garden buildings and seating to jewellery, textiles, arts and crafts, there’s something to tempt everyone. All around the showground, you’ll find a host of exhibitors, both new and established, selling their innovative and desirable horticultural-themed products.

Expect to be wowed with a mouthwatering array of food and drink available including glamorous restaurants including Spring Garden at Chelsea, The Ranelagh Restaurant, The Drawing Room and Champagne & Seafood Restaurant. Plus there are plenty of cafes, food courts and picnic areas perfect for a quick bite to eat, including gluten-free, vegetarian and vegan options.

Chelsea Late

A great opportunity to enjoy everything that the RHS Chelsea Flower Show has to offer with the experience continuing into the night at Ranelagh Gardens, with a magical evening of music, great food, live talks and demonstrations.