What can your business claim and what happens to the VAT A garden office can be a brilliant way to create a proper workspace at home. Unfortunately, the tax rules do not simply allow you to deduct the whole cost from your business profits. The building itself, the equipment inside it and the VAT on
Tag Archives: business expenses
January is here and with that the same question we get asked every year from business owners: “Can I put my gym membership through the company?” A quick Google search will give you completely different answers — some saying it’s not allowed at all, others claiming it can be a tax-deductible job perk. Let’s have
Allowable Limited Company Expenses, Government Support & Reliefs, Self-Assessment Tips for Sole Traders, Tax Planning & Saving Tips
Entertaining staff, subcontractors and spouses – what you can (and can’t) claim as a business expense
Treating your team to a night out or saying thank you to a subcontractor can feel like a well-earned reward after a busy period. But when it comes to putting it through the books, HMRC doesn’t always share the same sense of celebration! Here’s what counts (and what doesn’t) when entertaining staff, subcontractors – and