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Most self-employed professionals now work from or carry out some work-related activities at home though it is uncertain if they all know that they can reduce their tax bills with business use of home expenses. There are 2 ways of working out the expenses you can claim from your profits for the extra running costs … Continue reading
This piece is being written with S46/47 Income Tax Act 2005 and S1299/1300 Corporation Tax Act 2009 in mind. HMRC’s manuals, BIM45032 and BIM45071 are also considered. There is a handful of inaccurate information on the net associating free samples with entertainment expenses. The fact is the cost of free samples given to the public … Continue reading
Phoenix Debola 