[Wayne Thomas]

If you use your business vehicle for private use as well, that has to be deducted in proportion to your tax claim regarding fuel, service

[Londoner]

And you can't claim for bank charges if its a personal account, only if its a dedicated business account.

[simon123]

And you can't claim for bank charges if its a personal account, only if its a dedicated business account.

Phew !

[windowwashers]

i am new to this so have only really included all my equipment and fuel basically. What else are we allowed to claim for as Wc's

The best advice here m8 is speak to a person that is qualified to give the correct info (an accountant)


I could list loads that you can claim as will others, but I am being totally honest some of the people on here (I am not meaning this post before anyone thinks it, I mean on this forum in general) are posting incorrect things that could land you in hot water if you claimed for them.

Get the right advice on this.


Ian

[simon123]

you working outside today Ian ?

[windowwashers]

you working outside today Ian ?

I'm not  but staff will 

[simon123]

Thats the spirit 

[JSMC]

already contacted my accoutant but was curious to see what els ecan be claimed

[Roger Slater]

OK, heres one.

My Mother died suddenly earlier this year. We (my 2 sisters and I) were left in her will an equal share of everything my mum had, money in bank accounts, property and goods etc. We cant sell her house as the property market is duff, so have started to rent it out.

After agents fees we are left with £175.00 a month each. Is my share liable to taxation?

Matt

Yes.

Each year HMRC allow you to earn a certain amount each year before tax (I think its around 4.5k off the top of my head).

The Chancellor announced that the basic Personal Allowance for the 2008-09 tax year will increase by £600 from £5,435 to £6,035. At the same time the basic rate tax band (the amount of taxable income you can earn before paying higher rate tax) will reduce from £36,000 to £34,800.  (In one hand and out the other) Is this called stealth tax?
www.hmrc.gov.uk/rates/it.htm



Everybody needs to get this right for next year if your doing your own books. But if you have an accountant then they wiill sort it for you.

[baldeagle]

Can't claim for Bank Charges?
What Bank Charges?
The moment my Bank decide to charge, they will lose one customer!

[mark dew]

Use an accountant. Too many rules in play for a 1 size fits all taxpayers.
Your tax will be specific to your business.
If you have asked your accountant and are still enquiring, then try another accountant.
This forum is great for work related info. But as far as tax goes, everyone on here is an expert due to the fact that we all pay tax. 
Would you ask your accountant how to clean a window?

Can't claim for Bank Charges?
What Bank Charges?
The moment my Bank decide to charge, they will lose one customer!

long time no see. welcome back. 

[Roger Slater]

This forum is great for work related info. But as far as tax goes, everyone on here is an expert due to the fact that we all pay tax. 

You will be at the top of IR's hit list saying things like budd.

[Clive McDonald]

Stick a sat nav in. A really dear one.

[matt]

Matt @ Oakley Windows

ref the tax on rental

mail me and i will help you out on that 

[Oakley Windows]

You have mail

[windowwashers]

Can't claim for Bank Charges?
What Bank Charges?
The moment my Bank decide to charge, they will lose one customer!

You have got to be joking  I hope my bank charges a quite high  just a fact of business I guess am still 

[zeusjazmin]

£2 per week for washing my works vehicle

[Dean Taberner]

carling