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expenses

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8 often overlooked business expenses that could save you money

HM Revenue & Customs (HMRC) will allow you to claim lots of expenses. While most business owners probably already know about many of them, like office supplies, tools, and even your business vehicles, there are many more obscure deductions that could potentially save business owners hundreds of pounds.  Whether you are a sole trader or…

How to claim your holiday and dance lessons against your business | Jonathan Amponsah

Nobody wants to pay more tax than they need to, but sole traders and directors of limited companies commonly pay unnecessarily high tax because they simply don‘t realise the extent of expenses that they can claim against their income. HMRC states that expenses which are incurred “wholly and exclusively” for the purpose of your business…