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Created February 27, 2025 10:38
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HMRC Business expenses for the self-employed Thu, Feb 27, 2025 9:45 AM - 10:45 AM GMT
09:49 AM: question: As a massage therapist I am aware I can claim for cleaning my uniform and towels at home. Where can I find this information specific to my occupation and what I can claim for each wash?
09:49 AM: answer: If you wear a uniform to perform your duties, you may claim a flat rate expense for laundry costs, pelase refer to the following guide to check if you are eligible: https://www.gov.uk/guidance/job-expenses-for-uniforms-work-clothing-and-tools
09:49 AM: question: My husband and I jointly own a residential property let and a furnished holiday let which does not meet the criteria for the special FHL tax situation which ends this April. Other than the income from these properties, we are retired. My husband is a pensioner. I will be a pensioner next year but do have some income from dividends.Do we count as self employed for what is covered in this seminar?
09:49 AM: answer: Rental property income is not generally dealt with under self employment, the inocme is declared in the property section of the return
09:51 AM: question: So is this seminar not relevant to me?
09:51 AM: answer: This is for self employed
09:52 AM: question: What % of my mobile phone monthly plan can I claim as I use my phone daily for work and personal messaging?
09:52 AM: answer: You would need to find a reasonable way of ascertaining a % split for what is business and what is personal and then apply that % to your bill
09:52 AM: question: In general, what food related expenses are allowed and are the allowances industry specific?
09:52 AM: answer: Generally, you may claim for food expenses as self-employed. Guidance on the matter is found here: https://www.gov.uk/tax-relief-for-employees/travel-and-overnight-expenses#:~:text=Buying%20other%20equipment-,Travel%20and%20overnight%20expenses,a%20temporary%20place%20of%20work.
09:53 AM: question: I run an online business from home (on a part time basis) approximately 10 hours a monht. can I claim any expenses?
09:53 AM: answer: Hi yes you are able to claim working from home , https://www.gov.uk/hmrc-internal-manuals/business-income-manual/bim75010
09:53 AM: question: Like self employed live in carer, what can I deduct to not be taxed .
09:53 AM: answer: You can deduct any allowable expenses you have incurred whilst carrying out your self employment duties - see guidance https://www.gov.uk/expenses-if-youre-self-employed
09:54 AM: question: What is cash basis accounting please?
09:54 AM: answer: Cash Basis is a way to work out your income and expenses. You only declare money when it comes in and out of your business.
09:54 AM: question: With regards to the uniform question. I am a painter and decorator and have to wear work man clothes, like Site trousers with big pockets everywhere and knee pads. Is this classed as a uniform ?
09:54 AM: answer: If the uniform you wear contains a company logo or is generally classed as attire required for the job, then this may be claimed as an allowable expense
09:54 AM: question: Hi I sew at home for the time being. Could that be included in a expense?
09:54 AM: answer: Hi please see attached link https://www.gov.uk/expenses-if-youre-self-employed
09:55 AM: question: I have started as a self employed professional since Feb and expect my income won’t exceed GBP 10000 till apr. Do I need to submit tax return this year ?
09:55 AM: answer: Guidance on self assessment criteria can be found here: https://www.gov.uk/self-assessment-tax-returns/who-must-send-a-tax-return
09:55 AM: question: Can I claim expenses for running or creating my business website?
09:55 AM: answer: Please see guidance https://www.gov.uk/hmrc-internal-manuals/business-income-manual/bim35801
09:55 AM: question: Can you expense coffees, food etc during a working day?
09:55 AM: answer: No unfortunately food and drink are not allowable expenses
09:55 AM: question: when I keep records for my busiess expenses do they need to prited or can I keep an online docuemntaiton (email, record in my pc?)
09:55 AM: answer: Hi either will be fine, personal preference. Thanks
09:56 AM: question: I listen to audible training books. Can I claim for my monthly membership? I also listen to Spotify while I work. Can I claim for that too?
09:56 AM: answer: As the subscription may be used for general use, you would not be able to claim your subscription as an expense
09:57 AM: question: Can I use simplified expenses like live in carer ?
09:57 AM: answer: Yes, as a live-in carer, you can use simplified expenses to calculate your allowable expenses. Simplified expenses allow you to use flat rates instead of working out your actual business costs. This can make it easier to manage your finances and claim the correct amount of tax relief
09:57 AM: question: Hi,
Where I am reimbursed for expenses by a main contractor (mileage, subsistence for food etc..)
How should I record that for tax purposes?
Ignore and don't record, record them as zero.
Thanks
09:57 AM: answer: If you have already been reimbursed for your expenses no further relief is allowable. If this is the case then you would leave the answer to said question blank
09:57 AM: question: im videographer, can I claim my new camera or gears?
09:57 AM: answer: Yes as long as wholly & exclusively used for your business. Thanks
09:58 AM: question: Cash basis - don't think so but assume you're going to explain what it is and why?
09:58 AM: answer: ‘Cash basis’ is a way to work out your income and expenses for your Self Assessment tax return, if you’re a sole trader or partner - see guidance for full explaination https://www.gov.uk/simpler-income-tax-cash-basis
09:58 AM: question: Regarding business expenses, are the bank statements enough or does one need to keep the actual receipts? (this is for a non VAT registered sole trader)
09:58 AM: answer: Whichever method is best for yourself as long it shows the expenses in question should HMRC need to verify said expenses
09:59 AM: question: If claiming an expense may push my earnings below the threshold for tax free childcare, can I choose not to claim an expense which I’ve claimed in previous years?
09:59 AM: answer: Please contact the Childcare Service helpline on the details provided: https://www.gov.uk/government/organisations/hm-revenue-customs/contact/childcare-service-helpline
09:59 AM: question: I use my motability vehicle to travel for my work can I still claim the .45p per mile allowance
09:59 AM: answer: Yes, you can still claim the 45p per mile allowance for business travel even if you use a Motability vehicle. Thanks
09:59 AM: question: If claiming an expense may push my earnings below the threshold for tax free childcare, can I choose not to claim an expense which I’ve claimed in previous years?
09:59 AM: answer: Please contact the Childcare Service helpline on the details provided: https://www.gov.uk/government/organisations/hm-revenue-customs/contact/childcare-service-helpline
10:01 AM: question: If I've bought something second-hand for my business, is that tax deductible (or is it only on new items)? Thanks
10:01 AM: answer: If it is for your business it could be allowable, it would depend on the item
10:01 AM: question: HI, I worlk from home can I claim a percentage of my household expenses in one go? It is easier to add it all up for the year, complete the calcualtion and record it.
10:01 AM: answer: Hi yes that would be fine to do
10:03 AM: question: I work on a casual basis in a number of roles in a number of locations, can I claim for breakfast lunch when I work in these roles?
10:03 AM: answer: Please refer to the following guidance for information: https://www.gov.uk/government/publications/marine-licensing-fees/travel-and-subsistence-costs
10:04 AM: question: as my car is a family car as well - i only claim milage that i take for a job (i'm a photographer). is that right?
10:04 AM: answer: Yes that is correct you have the option to claim said expenses or simplfied expenses which is a flat rate per mile. please see www.gov.uk/simpler-income-tax-simplfied-expenses/vehicles
10:04 AM: question: I am looking to buy a van for work. It will be used 90% for work but I might use it occasionally to go to the shops. How do I manage this?
10:04 AM: answer: You can only claim for business expenses so you would apportion any claim to 90% of the expenses incurred
10:04 AM: question: If my take home income isn't going to be enough to be taxed for several years (eg below £12570) can I claim this year's allowance in a later year when I'm earning enough to be taxed?
10:04 AM: answer: Unfortuantely you cannot carry forward unused personal allowance to a later year
10:04 AM: question: I have a laptop that i bought on credit can i put through as an expense
10:04 AM: answer: Hi yes you can, please see attcahed link https://www.gov.uk/capital-allowances
10:05 AM: question: A client meeting or taking a client for lunch to discuss work and relationship build - is this considered an allowable expense?
10:05 AM: answer: No you cannot claim for entertaining clients, suppliers and customers.
10:06 AM: question: Rephrasing the question may be helpful: if I encounter a certain expense every year, can I choose not to claim it some years?
10:06 AM: answer: If you havea recurring expense each year, you may choose to not claim such expense, which may have a subsquent affect on profits/losses. However, as this relates to eligibiltiy of tax free childcare I would be unable to answer your question fully. Please contact the Childcare Helpline as previously advised as your query relates to eligibility. not expenses
10:07 AM: question: Can I download a preview of the self assessment return form to see what all the categories look like, before I start inputting data online? Thank you
10:07 AM: answer: Yes you are able to do this , or if you are completing your tax return online, you are able to complete page by page and amend any parts of the return.
10:07 AM: question: Childcare service said it’s a question for self employment tax advice. They won’t give advice on how I should claim my self employed expenses
10:07 AM: answer: It is up to you if you claim an expense or not. However, you cannot carry forward an expense to claim in a future year as expenses need to be claimed in the year it arose
10:07 AM: question: As a live in carer and change my clients very often.. Usually every 2 to 3 weeks. I have a day or two off in between the placements, so I am not going home because is too tiring. Are the hotel and food allowable expenses?
10:07 AM: answer: As the period does not relate to your business duties, you would not be able to claim such expenses
10:07 AM: question: If I buy a client lunch can I claim this cost
10:07 AM: answer: No you cannot claim for entertaining clients, suppliers and customers
10:08 AM: question: If your business is dog walking related, are walking boots and appropriate clothing an allowable business expense?
10:08 AM: answer: If they are used wholly and exclusively for your business, then you would be able to claim such expenses
10:08 AM: question: Are a % of council tax and water costs allowable if working from home?
10:08 AM: answer: Yes, you can claim a proportion of your council tax and water rates as allowable expenses when working from home. However, you can only claim the percentage that is proportionate to the amount of time you actually work from home and the space you use for business purposes
10:08 AM: question: Can you claim working from home expenses if i rent with a partner who is in full-time emplyment?
10:08 AM: answer: Working from home expenses are allowable for the individual but when calculating % use for business you would also have to account for your % split fo the household bills with your partner ie if 50/50
10:09 AM: question: I am in the basic income tax rate band and I would like to start selling in the eBay. If my annual earnings from eBay is less than £1,000, do I need to file this return?
10:09 AM: answer: Please refer to the following publication for guidance on the matter: https://www.gov.uk/government/news/no-tax-changes-for-online-sellers
10:09 AM: question: Do receipts have to be physical and do you have to retain every receipt? Would a bank statement suffice as evidence of payments?
10:09 AM: answer: Any evidence is allowable as long as it clear what the expense is and that you have paid said expenses yourself.
10:10 AM: question: Can I claim for change of career studies?
10:10 AM: answer: To be an allowable deduction, expenditure incurred by the owner of a business on training courses must be incurred wholly and exclusively for the purposes of the trade carried on by them at the time the training is undertaken. You cannot claim for training for a new trade - see guidance https://www.gov.uk/hmrc-internal-manuals/business-income-manual/bim42526
10:10 AM: question: What percentage of the expenses are you able to claim when WFH?
10:10 AM: answer: You may wishto claim £6 per week, or the total expenses used for busienss use. Please refer to the following link for advice on the matter : https://www.gov.uk/tax-relief-for-employees/working-at-home
10:11 AM: question: Do all the expenses being discussed apply to limited companies?
10:11 AM: answer: Limited companies pay corporation tax you would need to check with them
10:11 AM: question: Is Health and wellbeing allowable expense
10:11 AM: answer: Please expand on your question for an in-depth response
10:11 AM: question: If you work from home, what's the guidance about claiming for cleaning please?
10:11 AM: answer: Hi unfortunately you are only allowed to claim for utility bills eg water, electricity
10:11 AM: question: How can I split my phone subscription because I use the data for myself and for the self
10:11 AM: answer: You have to find a reasonable way to apportion the business use cost
10:12 AM: question: If your expenses are more than your total tax what happens?
10:12 AM: answer: If your expenses exceed profits in a tax year, a loss will arise. If such loss is registered with HMRC within 4 years of the tax year it arose in, you may carry the loss forward to offset against a future profit of the same income
10:12 AM: question: If I have to travel the day before I start my next job can I claim for a hotel room?
10:12 AM: answer: Please see www.gov.uk/expenses-if-youre-self-employed/travel
10:13 AM: question: Is accounting software and allowable expense?
10:13 AM: answer: Yes, accounting software is considered an allowable business expense. You can claim the cost of accounting software as a business expense if it is used for your business operations. This includes software that you use for bookkeeping, invoicing, and managing your finances.
10:13 AM: question: sorry List 3
10:13 AM: answer: https://www.gov.uk/government/publications/professional-bodies-approved-for-tax-relief-list-3
10:14 AM: question: Due to the long distances traveled by personal car in the interest of self, I can deduct tires/mot and other car maintenance costs ?
10:14 AM: answer: If the journey is for personal use, you would not be able to claim these expenses as there is no business aspect attached
10:14 AM: question: I would like to know if I can claim the costs of the hotel and food when I travel from one client to another
10:14 AM: answer: Yes, you can claim the costs of hotel accommodation and food when you travel from one client to another for business purposes. These expenses fall under travel and subsistence costs, which are allowable business expenses.
10:14 AM: question: can you give some more specifics/clarity on 'fair and reasonable' approach to determining business expenses say on a mobile phone. thanks
10:14 AM: answer: It is up to you to find a fair and reasonable approach for business expenses - you could keep a record of business hours an item is used for to determine this
10:15 AM: question: I've just paid off my studen loan, is that tax deducable since was relatex to my business?
10:15 AM: answer: You would not be able to claim this as an expens
10:15 AM: question: Hi, I am a massage therapist, I know I can claim for laundering towels sheets etc but can I claim for a washing machine 50/50 for personal and business use
10:15 AM: answer: You may be able to claim capital allowances for the equipement but it depends on your accounting method. Please see www.gov.uk/capital allowances
10:15 AM: question: Can I claim of uniforms needed for work?
10:15 AM: answer: Yes, you can claim tax relief on the cost of uniforms needed for work.Uniform Definition: A uniform is a set of clothing that identifies you as having a certain occupation, such as a nurse or police officer. You can also claim for specialist clothing needed for work, like overalls or safety boots.10:16 AM: question: Hi, I am a massage therapist, I know I can claim for laundering towels sheets etc but how much can I claim per wash also can I claim for a washing machine for personal and business use at a relevant percentage of use?
10:16 AM: answer: Previously answered
10:16 AM: question: Are bank statements enough as a proof for some expenses?(some of my costs come straight up from my account as direct debit)
10:16 AM: answer: Yes you can use bank statements - see guidance https://www.gov.uk/self-employed-records/what-records-to-keep
10:16 AM: question: Why can’t I claim hiring an accountant to do my tax return as an expense? Surely they are helping me run my business and providing a business service?
10:16 AM: answer: Unfortunately as it is not specific to you performing your business duties, you cannot claim this as an allowable expense
10:18 AM: question: How many years can you bring expenses forward? Like capital equipment etc?
10:18 AM: answer: please give more information as to what you mean? Self Employed expenses are normally applied to the year they incurred.
10:18 AM: question: Is it an allowable expense the physiotherapy for shoulder pain for using the laptop or massages?
10:18 AM: answer: This would not be an allowable expense
10:18 AM: question: Please can you list again the working from home allowances by working hours from home
10:18 AM: answer: Here is a link https://www.gov.uk/simpler-income-tax-simplified-expenses/working-from-home
10:18 AM: question: I have a physical job operating equipment - and needed to book an osetopath (once) to help ease the pain in my back so I could go to work . Would this be an allowwble expense? It was a one off but necessary.
10:18 AM: answer: Hi unfortunately this is a non allowable expense as not wholly & exclusively for your business. Thanks
10:18 AM: question: Is there a template to help recording "time spent working from home?"
10:18 AM: answer: No, we dont have a template for this
10:20 AM: question: I need to look smart for work / hair / clothing when I am around A listers etc. Is hair /make up or reasonable few items of clothing an allowable expense?
10:20 AM: answer: Hi unfortunately this is a non allwable expense and not wholly & exclusively for your business. ie duality of purpose. Thanks
10:20 AM: question: Is a mobile phone an allowable expense?
10:20 AM: answer: Yes it can be as long as it is used for your business. You can only cliam for % usage by the business. Please see www.gov.uk/expenses-if-youre-self-employed
10:20 AM: question: For example, if my tax bill for the year is £1000 but I have £1100 of allowable expenses can I only claim for £1000 of them?
10:20 AM: answer: Please expand on your question, do you mean £1,000 tax due on profits (i.e. £5,000 profit @ 20%), or £1,000 profit for the year, as if your profit exceeds £1,000, expense would reduce your net profit. If profit is £1,000 then you would have £100 losses
10:20 AM: question: This is bit a f a weird question... I am/was self employed. I haven't worked for 2 years, but I get interest from my bank (Inheretance). Do I still need to be registered as 'self employed'? ...or just registered for tax? Know what I mean?
10:20 AM: answer: Interest from money in your bank is not connected to self employment
10:21 AM: question: Can the cost of a laptop claimed in full if needed for business?
10:21 AM: answer: Hi yes you are able to claim the laptop as an expense, please see attached link https://www.gov.uk/capital-allowances
10:22 AM: question: What about electricit and water, if you work from home?
10:22 AM: answer: You can claim for % of usage for your business. Please see www.gov.uk/expenses-if-youre-self-employed
10:22 AM: question: Is travelling to and from work counted as business use .Is an electric car claimed differently ?
10:22 AM: answer: No unfortunately claiming for your normal daily commute to work is not allowable. Thanks
10:22 AM: question: my husband drive me every day to drop parcels to royal mal sorting office. can i claim car expenses if i am not driver and car is not registered on me?
10:22 AM: answer: I would advise as the car is neither a personal or company car, you would not be able to claim car expenses
10:22 AM: question: When using simplified expenses for WFH, is rent part of the fixed costs that can also be claimed (proportion of, of course)? The presenter and slide only said mortgage interest.
10:22 AM: answer: Yes rent is part of the fixed costs - see guidance https://www.gov.uk/hmrc-internal-manuals/business-income-manual/bim47820 https://www.gov.uk/hmrc-internal-manuals/business-income-manual/bim75010
10:23 AM: question: I get the milage paid from the comapny I do work for. Where do I put this on the form? Thanks
10:23 AM: answer: Within the SA103 page you would declare this within the Business expense section
10:23 AM: question: Please can you remind me how to save these Q&As on a mac?
10:23 AM: answer: Mac users – at the top of your screen on the left hand side, click File and select ‘Save Message Log….’
10:24 AM: question: Is installation of an EV charger allowable at home if I work from home. I assume I would claim the business use proportion
10:24 AM: answer: Hi yes you would be able to claim the business proportion. Thanks
10:24 AM: question: The car I use for my business is co-owned. My housemate pays part of the cost of running the car. Would the part she pays fall under the allowable expenses for me?
10:24 AM: answer: As your housemate pays for that portion, it would not dirctly relate to yourself so you would have to apportion costs for your own actual usage
10:24 AM: question: I'm a freelance web developer...are accountancy courses allowable expense?
10:24 AM: answer: Please see guidance on claiming for training courses - https://www.gov.uk/hmrc-internal-manuals/business-income-manual/bim42526
10:24 AM: question: if my wife or mum do my accounts and i pay them, can i claim for this?
10:24 AM: answer: If you are paying them for work done then this could be claimed as staff costs, please see www.gov.uk/expenses-if-youre-self-employed. However the individuals you use would need to look into their responsibilities for the income recieved from you.
10:25 AM: question: Can I just confirm ~ if you claim for milage you cannot claim for tax insurance etc
10:25 AM: answer: That is correct - the flat rate covers the cost of buying and running the car
10:25 AM: question: How long do you need to keep your records for, for a given tax year?
10:25 AM: answer: Hi please see attached link https://www.gov.uk/self-employed-records/how-long-to-keep-your-records
10:25 AM: question: I am a freelance travel journalist. On my trips that turn into an article, can i claim travel to the location?
I would sometimes document a leisure trip and sell an article about it later. Is that still relevant?
10:25 AM: answer: PIM2220 refers that only business usage may be claimed in terms of travel expenses, so if a personal holiday is taken, you would only be able to claim the business portion of such costings: https://www.gov.uk/hmrc-internal-manuals/property-income-manual/pim2220
10:25 AM: question: If you claim using the flat rate method for car use, does that mean business car insurance isn’t an allowable expense on top? I.e. is that factored in to the flat rate of 45p?
10:25 AM: answer: that is correct - the flat rate covers the cost of running the car
10:26 AM: question: are website costs advertising and so can be claimed?
10:26 AM: answer: Yes some costs can be claimed please see www.gov.uk/expenses-if-youre-self-employed/marketing-entertainment-subscriptions
10:26 AM: question: can you only claim for milage or tax insurance etc not both?
10:26 AM: answer: If you are claiming the flat rate, you cannot claim for running costs as well - the flat rate covers buying and running the vehicle
10:27 AM: question: Is there a specific timeline within which I can claim any of these expenses. For example can I claim my allowable expenses from the last 2 years which I haven't yet claimed.
10:27 AM: answer: You may claim allowable expenses up to 4 years from the tax year they arose. Please refer to the following gudiance: https://www.gov.uk/hmrc-internal-manuals/self-assessment-claims-manual/sacm12155
10:27 AM: question: My dad is 80, recieves air force pension... I think it's taxable. Does he still need to be doing self assesments in his 80s?
10:27 AM: answer: Please ask your Dad to call our taxes helpline telephone number and we will be able to go through the SA criteria and if fulfils the criteria we will be able to confirm. With his permission once your dad goes through security, on 1 call we are able to speak to you. Thanks
10:28 AM: question: If Travelling to and from work is not allowed. Does that mean any cost of running the car ie servicing etc is also NOT allowed to be claimed?
10:28 AM: answer: That is correct - you can only claim expenses incurred for business journeys and that includes running costs
10:28 AM: question: So CPD courses would count as an allowable expense?
10:28 AM: answer: Certain training courses are allowable that helps you develop in your existing business. You cannot claim for training courses that help you start a new business or expand into new business areas. Please see www.gov.uk/expenses-if-youre-self-employed/training-courses
10:28 AM: question: all money i earn comes into my business account. Should. i use my business account for everyday purchases or should i split this between a current account and business account?
10:28 AM: answer: There is no limitation to the account you use. Please be aware to keep clear records of income and expenditure as outlined here: https://www.gov.uk/keeping-your-pay-tax-records
10:29 AM: question: Do you have a recomended platform for recording business expenses?
10:29 AM: answer: Please find a link to software for record keeping https://www.gov.uk/government/publications/record-keeping-and-simpler-income-tax-applicationssoftware/simple-record-keeping-applications-commercial-software-suppliers
10:29 AM: question: Can I claim a proportion of my council tax and house insurance if I work from home?
10:29 AM: answer: Hi yes this is correct, you are able to claim the business proportion of council tax
10:29 AM: question: if you use your bedroom during day for business and night time for sleeping, can you claim that room as a biz expense?
10:29 AM: answer: You can claim for the % of the time used for business for your costs for working from home or you can claim simplfied expenses. Pleasee see www.gov.uk/expenses-if-your-self-employed
10:30 AM: question: Why is accounting software an allowable expense but not hiring an acuntant to specifically do your self assessment return. This doesn’t make sense to me. Essentially a computer that does a human job is lowed but no the human?10:30 AM: answer: As accounting software may be considered as assisting in performing business duties, this an allowable expense
10:30 AM: question: If I claim the capital allowance for an electric vehicle does this mean I can’t claim flat business mileage?
10:30 AM: answer: That is correct - you either claim capital allowances/running costs or the flat rate
10:30 AM: question: Do you have a link to information regarding when a tax bill needs to be paid by?
10:30 AM: answer: Please refer: https://www.gov.uk/self-assessment-tax-returns/deadlines
10:30 AM: question: Business: Dessert Shop/Café. Can occasional income from the venue room hire be included in the overall turnover (with a note in additional information section)?
10:30 AM: answer: Yes it can
10:31 AM: question: A dessert shop has infrequent baking workshops/baking class. Can the income from the workshop be included in the overall turnover with a note in an additional information section)?
10:31 AM: answer: Yes it can
10:31 AM: question: I haven't seen any answers to my questions about website costs. Will I not get any answers?
10:31 AM: answer: Yes, you can claim website costs as an allowable business expense if you're self-employed. This includes expenses related to creating, maintaining, and hosting your website. These costs fall under marketing and advertising expenses, which are essential for promoting your business. Thanks
10:31 AM: question: Is there a reason why I have been billed for tax for the first quarter of this current tax year, as part of the previous year's tax retuen?
10:31 AM: answer: If your overall liability exceeds £1,000, then payments on account are added to your record. Please refer for guidance: https://www.gov.uk/understand-self-assessment-bill/payments-on-account
10:32 AM: question: what about questions not answered above. will you email answers
10:32 AM: answer: We are unable to answer questions after the webinar has ended.
10:32 AM: question: Can i claim fabric?
10:32 AM: answer: If it is used in your self employment business, yes you can
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phunanon commented Apr 8, 2025

We hope you found the webinar useful.
There is a recording available to view at the bottom of this email.

How can we improve this webinar? Share your feedback through this anonymous survey. It will only take up to 10 minutes to complete. https://hmrccustomerlab.qualtrics.com/jfe/form/SV_43clrKmfRCLKCOO

Useful Links:
Cash basis
https://www.gov.uk/simpler-income-tax-cash-basis

Expenses if you’re self-employed
https://www.gov.uk/expenses-if-youre-self-employed

Simplified expenses if you’re self-employed
https://www.gov.uk/simpler-income-tax-simplified-expenses

Check if simplified expenses could save your business money
https://www.gov.uk/simplified-expenses-checker

Helpsheet 252 – Capital allowances and balancing charges
https://www.gov.uk/government/publications/capital-allowances-and-balancing-charges-hs252-self-assessment-helpsheet

HS222 – How to calculate your taxable profits
https://www.gov.uk/government/publications/how-to-calculate-your-taxable-profits-hs222-self-assessment-helpsheet

Tax free allowances on property and trading income
https://www.gov.uk/guidance/tax-free-allowances-on-property-and-trading-income

Specific deductions; use of home: examples – BIM 47825
https://www.gov.uk/hmrc-internal-manuals/business-income-manual/bim47825

Business records if you’re self-employed
https://www.gov.uk/self-employed-records

Get help with basis period reform
https://www.gov.uk/guidance/get-help-with-basis-period-reform

Changes to reporting income from self-employment and partnerships
https://www.gov.uk/guidance/changes-to-reporting-income-from-self-employment-and-partnerships

How to identify HMRC related scams
https://www.gov.uk/guidance/identify-hmrc-related-scam-phone-calls-emails-and-text-messages

Please note, the content was correct at the time this was broadcast.

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