What type of Expenses can you claim?
Expenses can be a nightmare for us self-employed folks! Particularly if we don’t know what we can and cannot claim. Not to mention the fact that the HMRC website can sometimes be a daunting and confusing hall of mirrors, which leaves you more confused than when you started. That’s why we decided to create a little, relatively simple guide for you.
Why does this matter?
Well, if you calculate your annual expenses properly, you could potentially save yourself a lot of money on your taxes. In some cases, it can even be up to thousands of pounds! Safe to say, it's well worth the time and hassle!
So how does this guide work? Well, we've split it into two different sections to make it easier for you:
Office, Property & Equipment
Legal and Finance Costs
Marketing, entertainment and subscriptions
Hope you enjoy the guide!
You already know what type of expenses you can claim, and instead are looking for a free expense solution that can store your receipts? Then have a look at our app on the link below:
The Albert team