Minimise Your Tax Bill with Allowable Business Expenses Allowable Expenses is a term used to describe costs or expenses you incur while running your business that you can claim as tax deductions therefore reducing the amount of tax you pay on your profits. However what expenses you can claim […]
Tag Archives: Tax Deductions
Not many businesses operate without a bit of bad debt, although hopefully it is just the odd one! However, for tax purposes, there are different rules depending on the tax involved. VAT Relief On Bad Debts There are detailed instructions for VAT relief on bad debts which is set out […]