Latest Bookkeeping News
Stay updated with all the latest bookkeeping and financial news from MacLellan Bookkeeping. This is where we share financial advice for your small business, industry news and other things like client testimonials. If you’re looking for bookkeeping help but you aren’t sure about contacting us then this is a good place to start.
Did you know you can claim eye tests as a business expense?
As a limited company director, eye tests are an allowable expense against corporation tax if you use a computer screen for over an hour daily.
Can a gym membership be a business expense?
If you’re self-employed there are many expenses that you can put through your business, but only if you can show that they are wholly and exclusively for use in the business
Business expenses you CAN claim.
We wrote recently about all the common mistakes we find around business expenses, and those that you cannot claim back but many people think that you can. This time around, we’re going to share some information on expenses that you CAN claim back.
Common Business Expense Mistakes
Something we come across regularly with new clients are questions about what expenses you can claim on the business. Expenses can’t just be put through the business and be tax deductible.