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Business Expenses

From clothing and cars to your home office, these guides will take you through the basics of allowable expenses and what you can and can’t claim against your taxes.

Claim Everything You’re Entitled to and Reduce Your Tax Bill.

How to Claim the Use of Home as Office Allowance

24th November 202015th April 2020
how to claim the use of home allowance

If you are self employed and work from home, then you can claim for the use of office as an allowance against your taxes. There are two ways – using your actual expenses or claiming a flat rate.

Categories Business Expenses

How to Claim Your Bicycle as a Business Expense

30th October 202015th April 2020
how to claim your bicycle as a business expense on your taxes

If you use a bicycle for work reasons then it is possible to claim for the cost against your taxes, either using a flat rate for each mile you travel or for the full cost of a bicycle.

Categories Business Expenses

Can I Buy a Car Through my Business as a Sole Trader?

10th November 202012th February 2020
how to buy a car for business as a sole trader

Given the costs involved and potential tax saving, asking if you can buy a car through your business as a sole trader is pretty common. In this guide, I’ll show you the options available to you to help you decide how and if you can claim your car as an expense.

Categories Business Expenses

HMRC Simplified Expenses Explained

24th June 20201st January 2020
hmrc simplified expenses explained

Simplified expenses, if you’re self-employed, is the easy way for you to claim for certain expenses without a receipt so you can pay less tax. Here’s a guide to what you can claim for and how best to use them to reduce your tax bill.

Categories Business Expenses

A Guide to Claiming Self Employed Expenses

9th December 202025th November 2019
guide to claiming self employed expenses

Your self-employed expenses reduce your tax bill. If you’re struggling to understand what you can and can’t expense then read this guide and download my allowable expenses cheat sheet.

Categories Business Expenses

Business Mileage Tracker (Excel)

30th October 20202nd July 2019
self employed mileage allowance explained

Claiming for your business mileage against your taxes reduces your tax bill. Here’s a business mileage tracker to help you, along with some guidance on how to use it.

Categories Business Expenses

Claiming for Clothing When You’re Self-Employed

15th April 20203rd April 2019
claim for clothing as a tax deduction

I’ve updated this post 8 April 2020 So it is very common for me to be asked about claiming for clothing when you’re self employed as a business expense. It’s hardly surprising. After all self-employed individuals and sole traders want to claim everything possible to their reduce your tax bills. When it comes to clothing, … Read more

Categories Business Expenses

Claiming Food and Drink as a Business Expense When You’re Self-Employed

30th October 20202nd April 2019
claiming food and drink as a business expense when you're self employed

I’ve updated this post on 15 April 2020 Running a small business can be expensive. And know what food and drink you can claim as a business expense can be handy because it may reduce your tax bill. The HMRC rules around claiming food and drink can be complicated. Why? Because it is so difficult … Read more

Categories Business Expenses

Are Training Costs Tax Deductible?

10th November 202027th January 2019
are training costs tax deductible

Upgrading your skills is one of the most valuable things you can do for your business. But did you know that not all training costs are tax deductible?

Categories Business Expenses

Claiming Travel Expenses

10th November 202017th October 2018
business travel self-employed

Knowing what and how to claim business travel when you’re self employed is a confusing area.  To help clarify, here is my guide to what you can and can’t claim as business travel when you’re self employed. Along with a free download to help you record your expenses.

Categories Business Expenses
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