Tel: +44(0)1732 450088
Greenaway can provide assistance to self-employed people in the Kent area on allowable expenses and other tax and financial issues...
We are often asked "What expenses can I claim now that I am self employed?"
The rather glib answer is "Anything that relates to your business". Whilst this is generally true, there are some expenses which, although genuine business expenses, are specifically excluded from tax relief, such as:
April 2013 saw the introduction of a new cash basis for calculating taxable income for small unincorporated businesses. One of the measures allows any unincorporated business to choose to use flat rate expenses for the following items of business expenditure:
This information is not exhaustive. Please contact us if you have any queries about the allowability of specific expenses.
If you are self-employed in the Kent area and would like advice on claiming allowable expenses, contact Greenaway.
Looking for proactive advice to help you boost your personal wealth and minimise your tax liability?
Learn More »
Are you starting a new venture? We will work with you to ensure the best possible chance of success.
Are you a business owner? Let us help you grow your business, increase your profitability and reduce your tax bill.
Registered to carry on audit work in the UK & Ireland and regulated for a range of investment business activities by the Institute of Chartered Accountants in England & Wales.
Details about our audit registration can be viewed at www.auditregister.org.uk for the UK and www.cro.ie/auditors for Ireland, under reference number C006856925