You can claim 45p per mile (up to 10,000 miles and then 25p thereafter [2011-12 rates shown]) as an expense against your business for all business travel made in your own car, whether you are operating as a sole trader or a limited company. If you are a sole trader, you could claim capital allowances, and [...]
It’s Christmas! What can I claim from HMRC
December 6, 2011 by Leave a Comment
Christmas is fast approaching as I write this blog. As business owners, we may want to give our staff, customers and suppliers a Christmas gift or party, but what are the tax impacts of this? Firstly, we need to consider the nature of the gift. Generally speaking, gifts to customers or suppliers are not allowed [...]
