What Expenses Can I Claim with a Limited Company HMRC Allowable Expenses
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=JPHGZp1pr20
What expenses can you claim with your limited company? This video will outline many of the expenses your company can claim as an allowable expense for corporation tax relief. • We'll also discuss some of the disallowable costs that can create a benefit in kind for you as the director or your employees. Some expenses can be reclaimed from the ltd company as an out-of-pocket expense, but your company won't be able to get tax relief. • Read more from our post: https://blog.juniperlynx.com/what-exp... • Quick links: • 1:05 - Entertaining • 2:27 - Travel Subsistence / Mileage Allowance • 4:49 - Tools Equipment • 5:39 - Stationery / Office Supplies • 6:00 - Staff Training • 7:35 - Uniforms (Branded Clothing) • 8:07 - Protective Clothing Equipment • 8:43 - Internet Telephone (Mobile Phones) • 10:14 - Software Web Hosting • 11:00 - Advertising Promotion • 11:37 - Use of Home Allowance • 12:40 - Medical Costs • 13:44 - Subcontractors, Employees Service Costs (labour) • 14:21 - Limited Company Pension Contributions • 15:22 - Fixed Assets • 17:22 - Disallowable Expenses (benefit in kind) • • Most importantly after watching this video, you will be able to distinguish between what expenses HMRC would consider allowable for tax purposes and what they may question if your company is ever investigated. • For new limited company directors (or even existing directors) this is absolutely essential knowledge so you can avoid major tax problems later on down the line. • #juniperlynx
#############################
