Expenses

Some training costs are fully deductible against your company’s profits, while others, particularly those that expand into new business areas, are not.

There are many costs you will incur while running a limited company. Which expenses can you legitimately claim against your company’s tax bill?

If you are a limited company director, can you claim work clothes as an expense against your company’s corporation tax bill?

If you use your phone for business, you may be able to offset the cost against your company’s tax bill. Guide to landline, mobile and smartphone expenses.

What exactly are trivial benefits and is there a limit to how much they can cost before being considered a taxable benefit? Guide for company directors.

Joining a trade association can help to keep you up to date with industry news, to find contacts, or source work. Are memberships fees tax deductible?

If you use a car for business purposes, the way your vehicle ownership is taxed depends on whether you buy a car through your company, or use your own car.

Whether you work from an office or your home, the cost of broadband is one of the most commonly claimed business expenses for limited companies.

There’s a lot to be said for making a charitable donation or sponsoring a local event via your company. But how are such outgoings treated for tax purposes?

What medical and health related expenses can your limited company offset against its corporation tax bill? Which costs are not allowable?

One rule that is highly relevant to a limited company contractors in particular is the 24-month travel expenses rule. Find out more in this concise guide.

Startup costs can quickly add up and are often paid for personally. Can you reclaim these expenses back once your limited company has been formed?