Bookkeeping and expenses to claim against tax

Close without sending
V.G. Woodhouse & Co.
- Contact form

Please let us know how we can help

* These fields are required.

Or call us

☎ 020 8810 4500 020 8810 4500 Telephone on skype

I look forward to hearing from you
Vic Woodhouse

20A The Mall
Ealing
London
W5 2PJ

Expenses against tax:
Here is a brief list of expenses to claim as a deduction against tax. You can reclaim any applicable VAT if you are VAT registered. If we are preparing your final accounts and tax computations we will give additional tax planning advice.

Fixed costs

Use of Home as Office
Rent
Rates
Heat Light Power Water
Repairs and Renewals
Storage Charges

Payroll etc.

Wages (including wife/partner)
Salaries
Subcontractors
National Insurance on employees

Construction

Materials
Tools at commencement and special additions
Tools
Protective Clothing
Laundry and Cleaning
Hire of Equipment

Motor

Car Lease
Mileage or
Motor Running Expenses
  Road Tax:
  Insurance:
  Repairs and Maintenance:
- less Private Use
Motor Fuel
Parking Fees and driving tolls Delivery and Collection

Administation

Advertising and Sales Materials
Postage and Stationery
Office Supplies
Telephone - mobile less private use
Telephone - home less private use
Insurance
Travel
Staff Refreshments
Training and recruiting
Subscriptions
Sundry Expenses

Trading

Sales
Claim: Cost of goods sold
Expenses directly related to sales

Entrepreneurs Allowance

If your costs are less than £1,000; claim Entrepreneurs Allowance of £1,000 and then do not claim any other costs.

Financial

Credit Collection
Bad Debts - Specific
Credit Card Fees
Bank Charges
Professional Fees
Accountancy Fees
Legal Fees
Profit/loss on Sale of Assets
Bank Interest
Loan Interest
Hire Purchase Interest




Please contact us about expenses to claim against tax