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Just been discussing what you can and can not claim for on your taxes with a customer whose house i was at this morning.
Hes a retired book keeper and it came about because of a article in the daily mail he read today.
It makes interesting reading, obviously check with your accountant but it seems if you are a one man band as a ltd company then you can spend £150 per year on entertainment at no tax cost to your self..
Likewise explains about claiming for phones and even claiming on your gym membership.
If done correctly these can make a good saving over the year.
How to claim the new iPhone against your tax bill | Daily Mail Online - http://www.dailymail.co.uk/money/smallbusiness/article-4895248/How-claim-new-iPhone-against-tax-bill.html
Speak to your accountant come your tax returns and see what you can claim is my advice.
i have emailed mine regarding gym membership costs, and will be discussing a holiday to cape town in the new year where a friend is installing solar panels on his house and i'm going to help whilst there
Hes a retired book keeper and it came about because of a article in the daily mail he read today.
It makes interesting reading, obviously check with your accountant but it seems if you are a one man band as a ltd company then you can spend £150 per year on entertainment at no tax cost to your self..
Likewise explains about claiming for phones and even claiming on your gym membership.
If done correctly these can make a good saving over the year.
How to claim the new iPhone against your tax bill | Daily Mail Online - http://www.dailymail.co.uk/money/smallbusiness/article-4895248/How-claim-new-iPhone-against-tax-bill.html
Speak to your accountant come your tax returns and see what you can claim is my advice.
i have emailed mine regarding gym membership costs, and will be discussing a holiday to cape town in the new year where a friend is installing solar panels on his house and i'm going to help whilst there