Expenses Advice | AMS Accountancy

What is the 24 month rule when working overseas

6 Nov 2025 | Expenses

The basic 24 month rule applies – if you are an employee or director and work, or know you will work, at a temporary workplace for 40% plus of your working hours for over 24 months – you are caught by the ‘24 month rule’ and can no longer get tax relief on...

What is the 24 month rule for travel expenses?

1 Oct 2025 | 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...

What Are Benefits in Kind?

23 Jan 2025 | Expenses

Benefits in Kind (BIKs) happen when an employer pays for something on behalf of the employee which is not repaid. BIKs tend to cover personal expenditure – commonly private medical/dental cover, personal use of company cars/vans and fuel benefits etc. The BIK is...

What car expenses can I claim for my business?

12 Nov 2024 | Expenses

Find out what car expenses you can claim for your business

Can I claim my new computer as a business expense?

4 Jun 2024 | Expenses

Sole Traders / Partnerships. If the computer is purchased for part business/part private, then the business portion of the cost can be claimed. VAT claimed back on the purchase must be in the same proportion. Limited Companies. The full cost of the computer can be...

What overnight expenses can I claim through my Company while I’m working away?

21 May 2024 | Expenses

Generally, if you stay away overnight, you can claim for the actual costs of the accommodation and a meal on top of your mileage. You can also claim Incidental Overnight Expenses (receipts not needed) which are not necessarily business expenses but include items such...