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Articles tagged with: tax relief

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[24 Feb 2015 | Comments Off on The New Marriage Allowance | ]
The New Marriage Allowance

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one offs »

[8 Aug 2013 | No Comment | ]
Pre Trade Expenses

I’ve only just registered my business, can I claim pre trade expenses which I paid personally?
The basic principal is that “if you paid for something in the knowledge that you were starting a business, and the prime motive for buying this something was to enhance that business, then it is a business expense” and (subject to a three year time limit) you can claim for it. That applies to both goods and services, and in order to claim the full cost you must satisfy both parts of this test, that …

on the bridge »

[9 Dec 2009 | No Comment | ]

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Claiming tax relief on the big things

All businesses can claim tax relief on business expenses. That can include items that you bought before the business started! Do you have a laptop, and any other IT kit? Is your office equipped with a desk, a chair and a book case? Here’s a typical list of things that you might be introducing. There may be things on this list that you should ignore, and there may be other special things (in …

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[21 Oct 2009 | One Comment | ]

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routine »

[23 Sep 2009 | No Comment | ]

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Can I claim tax relief and claim back my VAT?

Any business with a bad debt will naturally try to take steps to try to recover it. However, eventually you have to take a view on these things and perhaps write it off. If you go about this the right way you can claim bad debt relief and your tax bill may be reduced, and you could also claim back the VAT (assuming you’re registered for VAT).
Go about it the …