Accounting & Xero Advice plus Business News

Baffled by business expenses - Part 2

Baffled by business expenses - Capital allowances

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Registering for Self-Assessment

If your only income is wages from employment and a small amount of interest, then your tax affairs should be dealt with automatically.

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Tax Credits and the Self Employed

If you receive Working Tax Credit or Child Tax Credit, you will need to renew your claim by the end of July. To assist in this HMRC should already have sent you a renewal pack.

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Home Office Expenses

When you are just starting out in business, you need to keep your expenses down as much as possible.

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