What can I include as ‘expenditure’?
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What can I include as ‘expenditure’?
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Basically, anything which is a business cost is tax deductible. For example:
- Stationery
- IT equipment
- Premises rental
- Internet access
- Marketing
- Business phone bills
- Travel to customer premises – e.g. a train ticket
- Motor expenses – if you use your vehicle for both personal and business use then you simply reclaim VATÂ that relates to your business usage.
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