self employed/tax

Discussion in 'Carpenters' Talk' started by starlight tiles, Feb 8, 2007.

  1. starlight tiles

    starlight tiles New Member

    what can you lads claim for these days against your tax.
     
  2. audi-evo

    audi-evo Active Member

    all me new dewalt 18v kit ;)
     
  3. cosworth

    cosworth New Member

    there you are!!!!
     
  4. !!

    !! New Member

    everything I can
     
  5. starlight tiles

    starlight tiles New Member

    what like.workwear/diesel/tools/etc.
     
  6. cosworth

    cosworth New Member

    gonzos right.
    everything thats used for or in connection wi business.
     
  7. audi-evo

    audi-evo Active Member

    I put in for nike trainers, told the accountant they were all i could wear for kicking the floors around. (which is true)
    He said just keep putting them in til someone questions it.
     
  8. !!

    !! New Member

    If they ever check my vans goes through as much diesel as the QE2
     
  9. Guest

    < what can you lads claim for these days against your tax.


    Vehicles fuel drills nails screws hooks,and hookers
     
  10. dirtydeeds

    dirtydeeds New Member

    clothing and shoes are a dodgy area with the taxman

    even lawyers have lost cases with the taxman for putting suits, wigs and shoes against tax

    safety boots are perfectly ok, safety trainers are less certain ground
     
  11. goldenboy

    goldenboy Super Member

    My accountant is s.hit hot. I claim for everything. Mcdonalds, cleaning products, train tickets etc etc
     
  12. dirtydeeds

    dirtydeeds New Member

    food is again a bit dodgy with the taxman

    train tickets and cleaning products for work are legitimate business expenses
     
  13. goldenboy

    goldenboy Super Member

    course you can write off safety trainers you can write down all your workwear. I even write down tools i bought years ago as you are allowed to introduce them to the business and write them off straight away in full. I write off perhaps 2k a year in tools i have had for years.
     
  14. goldenboy

    goldenboy Super Member

    food is perfectly legitimate as long as you consume it whilst in the course of work.
     
  15. dirtydeeds

    dirtydeeds New Member

    thanks, ill check out the safety trainers and food again
     
  16. goldenboy

    goldenboy Super Member

    I put in for my heating and electric at home because i have a home office. My subscription to related magazines like Big'n'Bouncy goes down as well
     
  17. goldenboy

    goldenboy Super Member

    Seriously though mate there is loads of stuff you can write off that you would never even think of. Do you do your invoices on your computer?
     
  18. cosworth

    cosworth New Member

    my accountant told me food is a no no.
    reason being you need to eat whether youre in work or not so not a busines expense.be careful taking advice on what to claim for from others cos they dont have to look the tax man in the eye when he checks you out.
     
  19. audi-evo

    audi-evo Active Member

    yep, i spend £20 per week out of petty cash on staff refreshments.
    also,
    all tools,
    fuel,
    pens,paper,stamps etc,
    clothing,
    all logo staff t-shirts (get a good deal on them)
    computers (2), laptops (2)
    mobile phones (3)
    sat nav (2)
    signage,
    advertising,
    consumables, (loads)
    Basically ANYTHING AT ALL i need for work, if it will help my business i will buy it, justify it and claim it back.
    Oh yes those 2 private no. plates i got a bit of stick on here for, i claimed for them too.
    That is how i want to project my business, nothing wrong with that!
     
  20. goldenboy

    goldenboy Super Member

    Well you need to change your accountant then mate. You can write food off. Your accountant is just being lazy. There are written limits to how much food you can write. I can look the taxman square in the eye as I only claim for what i am allowed. I put every job and I mean every job through the books so why should I pay more tax than i need. I keep th taxman very happy I paid near on 3k in fuel duty last year
     

Share This Page

  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.
    Dismiss Notice