What is the 24 month rule for travel expenses?
When an employee or director travels to a temporary place of employment, from their permanent place of employment (usually the home address for Personal Service Companies), then they can claim tax relief on relating travel & subsistence expenses. However, if/when...Can I claim Flat Rate Expenses when working abroad?
The normal way to claim expenses when overseas is to record your actual travelling expenses (including flights, taxis, accommodation and meals). You have to be disciplined and convert any foreign currency payments into Sterling for the actual transaction date....What expenses are not deductible for tax purposes?
Here is a list of certain expenses that aren’t tax deductible – but which regularly get claimed, or questioned, by clients: Clothing Unless it’s protective clothing, or a uniform, clothing is not tax deductible. Spectacles Eye tests are claimable for workers using...What car expenses can I claim for my business?
Find out what car expenses you can claim for your business