[C.C.S.]

what type of expenses all have?i have
*advertising
*equipment
*motor expenses
i'm a self employed working from home like many others and not sure how much to claim against tax for home expenses,for washing all the cloths which can be every day expense.i'm about to see a n accountant tomorrow but i want to be prepared for what i have to discuss with him.thanks

[formb]

FUEL         
TOOLS         
PUBLIC LIABILITIES         
VEHICLE INURANCE         
VEHICLE COSTS         
ADVERTISEMENT         
WATER FED POLE SYSTEM         
PROPERTY MAINT         
MOBILE PHONE COSTS         
POSTAGE         
TELEPHONE         
OFFICE STATIONARY                  
PROFFESIONAL FEES         
BANK INTEREST         
UNIFORMS   
LICENCES      
GENERAL EXPENSES         

[darren clarke]

i think the tax man gives you £3 a week for house hold bills  if you run your business from home,   this is different if you have a office for work,  but if like many it is the kitchen table then i think it is £3,  u can claim for vehicles, petrol, uniforms,  water, tools, advertising,  basically any thing you spend to run your business

[Smudger]

If renting you can claim a portion of the rent ie..   3 bedroom /living room/ dining room  if 1 room is solely for biz then 1 5th can be claimed.

you can claim for....

electric,  gas, water, telephone, mobile - guard dog,  etc...

Darran

[formb]

FUEL         
TOOLS         
PUBLIC LIABILITIES         
VEHICLE INURANCE         
VEHICLE COSTS         
ADVERTISEMENT         
WATER FED POLE SYSTEM         
PROPERTY MAINT         
MOBILE PHONE COSTS         
POSTAGE         
TELEPHONE         
OFFICE STATIONARY                  
PROFFESIONAL FEES         
BANK INTEREST         
UNIFORMS   
LICENCES      
GENERAL EXPENSES         

Oh and

RENT & RATES
TRAINING
WATER PURIFICATION
CUSTOMER DAMAGE REPAIRS

[dave0123]

And... get an accountant 

[Frankybadboy]

when you say rent would this count on a housing ass house.

[formb]

when you say rent would this count on a housing ass house.

Not really sure on that one.

Sorry.

[Frankybadboy]

thanks form b

anybody else

[Paul Coleman]

Pretty much covered.  Medical expenses are non deductible.  But, medical appliances are if they help you work (e.g. back support, neck support, I'm sure there must be others).
I had to get a photocard driving licence renewed this year (10 years were up).  I intend to ask my accountant whether I can put this in the books too.  85% of my vehicle is business use (I only have the van for all purposes) so I reckon that 85% of the replacement licence fee should be too.  Will put it in and ask him to verify.  If it's not allowed he will delete it anyway.

[Matthew Bateman]

thanks form b

anybody else

You can offset 4,500,000,% of your income against tax if you live in housing association accommodation unless you live in K-E-Y-N-S-H-A-M

 

[edward1]

my accountant advises me that i/we can also claim 10% of our utility bills,(water ,phone,heating,electric,in my case oil)and also a % of mortgage interest.

but tax is still high ,so save as you earn is my advise