Earlier this month we teamed up with HMRC to give you another chance to watch our joint webinar on the hot topic of business expenses for sole traders and partnerships.
In the session, HMRC provided clarity on some of the essential aspects of self-employed business expenses, including:
- the definition of a business expense
- which business expenses are commonly allowable
- how simplified expenses for working from home and using a vehicle work
- principles of good record keeping
You can check out the recording of the webinar below:
Looking for more support?
Keen to learn even more about business expenses? Then head over to our expenses hub page, where you’ll find lots of other helpful resources!
Disclaimer: The content included in this blog post is based on our understanding of tax law at the time of publication. It may be subject to change and may not be applicable to your circumstances, so should not be relied upon. You are responsible for complying with tax law and should seek independent advice if you require further information about the content included in this blog post. If you don't have an accountant, take a look at our directory to find a FreeAgent Practice Partner based in your local area.