HMRC Mileage Rates 2023-24
A guide to the approved HMRC mileage rates 2023-24 that you can claim if you drive business miles in a car, motorbike or electric vehicle.
Claiming your expenses is the easiest way to pay less self-employment tax. But which ones can you put on your tax returns? And how do some people seem to claim so much more than others? In this section you’ll find out all the basics you need to know when it comes to claiming business expenses so you’ll have peace of mind you’ve put everything you can on your self-assessment tax return.
Friendly Disclaimer: Whilst I am an accountant, I’m not your accountant. The information in these guides are legally correct but are for guidance and information purposes only. Everyone’s situation is different and unique so you’ll need to use your own best judgement when applying the advice that I give to your situation. If you are unsure or have a question be sure to contact a qualified professional. I cannot accept responsibility for any losses or penalties you may incur while following the contents.
Get to know the basics about what expenses you can claim as an allowable business expense and which ones are disallowable.
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A guide to the approved HMRC mileage rates 2023-24 that you can claim if you drive business miles in a car, motorbike or electric vehicle.
Find out whether you can claim coffee as a business expense on your self assessment tax return.
Find out whether you can claim your gym membership as an allowable business expense if you’re self-employed.
Find out whether you can claim your subscription to Spotify and Netflix as an allowable business expense if you’re self-employed.
How HMRC defines temporary workplace & the rules you need to follow when working out whether you have a temporary or permanent place of work.
Find out what duality of purpose means and why it matters when it comes to deciding what business expenses you can claim on your taxes.
Understand how to buy an electric car through your business, as well as the pros and cons of doing so, whether you’re a sole trader or have a Limited Company.
Find out what coaching expenses you can claim on your tax return, depending on the type of coaching you have booked.
Whether you can claim for the cost of your eye tests and glasses as a business expense depends on your business structure and how you use your prescriptive eyewear. Here’s how to decide if you can or can’t claim for yours.
Find out how much you can claim for your home office against your HMRC taxes if you are self-employed and the records you should keep.