What Allowable Expenses Can You Claim as a Self-Employed Worker?

Self-employment is an increasingly popular working option. It allows UK entrepreneurs to take control of their own careers and benefit from favourable tax laws, to build thriving enterprises. If you are considering going self-employed, it’s wise to learn about allowable expenses, so you can increase your profit margins. 

Here is Turner Little’s guide to allowable expenses for self-employed workers.

How Your Employees Can Claim Business Expenses

Your staff can claim back any personal money used for business purposes from HM Revenue & Customs (HMRC) in tax relief. According to Small Business, almost a third of staff are losing at least £60 in unclaimed expenses every year.

Turner Little explains how your employees can claim small business expenses.

Read the full article on the Turner Little Blog.

Small Business Losing Out on Millions in Tax Relief

New figures show that by deeming expenses too small or insignificant to claim, sole traders and small businesses are losing out to the tune of millions of pounds in tax relief.

Turner Little discuss what this means for companies and how you could be saving on tax relief.

Read the full article on the Turner Little Blog.