[combat1]

Hi All,
At this time of the year I am preparing, once again for the self assessment online exercise!
My question is: are bank charges on your business only account an allowable expense.
It might also be useful to see if anyone has items which we might not have thought of to claim for.
Thanks.

[p1w1]

i claim for mine, to be honest you should really use an accountant as they will claim for every penny you can and are worth more then what they cost..trying to do self assement tax is a false economy IMO.

[bobplum]

im using a book keeper as from april shes already told me things to claim which i didnt realise
£30.00 a month
at the end of the year probably worth it,as i claim her charges

[Klean07]

Shoes, t-shirts, gloves, hats, book keeper, pen, paper, brush, pole, diesel, mot, tyres, exhaust, advertising, water bill, electric, gas etc etc. Oh yes all bank charges too!!!

[combat1]

Thanks, think the water bill is going to be a must when they fit meters around here!

[Ian B]

Any costs you incur carrying on your business are allowed.