design by numbers ::

 

You can deduct from your profits on your tax return costs that are DIRECTLY linked with running the business, DIRECTLY.

Public transport can be claimed, cars can be claimed, well the petrol per mile. 45p per mile for the first 10,000 miles and then 25p after that.

Subsistence expenses:

Lunch can be claimed as long as you are working away from your trading address, breakfast and dinner can only be claimed within reason (and by the way people this is the magic phrase “within reason” as soon as you start taking the mick they will clamp down on you).

Business trips can be claimed on accommodation etc but only if you stay over night and have had to travel for over 2 hours to get to this temporary location.

Training can be claimed back as long as as the costs are directly (there it is again)…

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