How to Claim Your Bicycle as a Business Expense
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.
Self Employment Expenses
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.
How to Claim Business Expenses
Get to know the basics about what expenses you can claim as an allowable business expense and which ones are disallowable.
- Self Employed Expenses; What Can You Claim?
- Disallowable Expenses Explained
- How to Claim Pre-Trading Expenses as a Sole Trader
- Duality of Purpose
- HMRC Simplified Expenses Explained
Office & Equipment
- How to Claim for Working from Home if You’re Self-Employed
- What Counts as an HMRC Temporary Workplace?
- How to Claim Your Laptop as a Business Expense
- Can I Claim Spotify as a Business Expense?
Food & Travel
- Claiming Food Expenses If You’re Self-Employed
- Can You Claim Coffee as a Business Expense?
- How Can I Buy an Electric Car Through My Business?
- How to Claim Business Travel When You’re Self-Employed
- How Can I Buy an Electric Car Through My Business?
- Self Employed Mileage Allowance Explained
- Business Mileage Spreadsheet for the Self-Employed
Everday Expenses
- Claiming for the Cost of Eye Tests and Glasses as a Business Expense
- Are Training Costs Tax Deductible for the Self Employed?
- Can I Claim Coaching as a Business Expense?
- Can I Claim My Gym Membership as a Business Expense?
- Claiming for Clothing as a Business Expense
- HMRC Mileage Rates 2022-23
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Can I Buy a Car Through my 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.
HMRC Simplified Expenses Explained
HMRC simplified expenses make claiming allowable business expenses easier for the self-employed, without the need to keep receipts. Find out which expenses fall under simplified expenses and how to claim them on your tax return.
Self Employed Expenses – What Can You Claim?
Find out how to claim self-employed expenses on your tax return, which ones you can claim & find a self-employed expenses list for tax time.
Business Mileage Spreadsheet for the Self-Employed
Business mileage template for the UK self-employed, guidance to help get you started using it and how to claim your miles on your tax return.
Claiming for Clothing as a Business Expense
Understand which clothing is tax deductible for the self employed, the HMRC rules you need to follow and how to claim them on your tax return.
Claiming Food Expenses If You’re Self-Employed
Find out how to claim food expenses if you’re self-employed, where to put them on your tax return and which food and drink are tax allowable.
Are Training Costs Tax Deductible for the Self Employed?
Understand the HMRC rules to help you to decide whether your training cost are tax-deductible if you’re self-employed or have a LTD.
How to Claim Business Travel When You’re Self-Employed
Understand what business expenses are tax deductible for the self employed, the HMRC rules to follow & how to claim them on your tax return.
Disallowable Expenses Explained
Understand which types of costs are disallowable expenses, the rules set out by HMRC as to what can and can’t be expensed in a business and how to handle them when filling in self-assessment tax returns (SA100 form).