Features

As Self Assessment Deadline Approaches, Which Business Expenses can be Deducted as Tax Relief?

With a little over three weeks until the Self Assessment deadline, over 5 million taxpayers are yet to submit their tax return for tax year 2018/19. With many of those taxpayers classed as self-employed, there are a wide range of commonly-forgotten business expenses which can be claimed as tax relief but are often missed due to a lack of awareness on what can and cannot be claimed as a legitimate business expense. David Redfern, tax preparation specialist and Managing Director of DSR Tax Claims Ltd, explains the categories of business expenses which can be used to offset tax liabilities for self-employed taxpayers.

To be by-lined to Colin Yates, chief support officer at WorkMobile, an award-winning mobile data capture solution

Technological advances, such as cloud computing, 5G and improved mobile technology, are facilitating smarter, faster and more environmentally-friendly ways of working for businesses across virtually every sector.

However, despite the numerous benefits of digital transformation, the plumbing and heating industry lags behind in this regard. Indeed, our recent research revealed that more than two-thirds (67%) of those working in the trade and utilities sector still rely heavily upon paper for a variety of day-to-day business processes, such as sending mail and filling in forms. 

Lacey Plumbing and Heating’s ‘Most Wanted’ team is back with a Ghostbusters-inspired Christmas ad! 

As the UK braces itself for the coldest winter in decades millions of households are at risk which can lead to frozen and burst pipes, costing homeowners hundreds in repairs.
 
Pipes freeze when they are exposed to extreme low temperatures and the water inside freezes, which means outdoor and garage pipes are most likely to freeze when the weather is cold.
 
Water expands inside the pipes when it freezes and this pressure causes the pipe to burst, which will result in serious leaks and could even lead to damp, mould, structural damage and possessions being ruined - creating a huge headache for homeowners during the run up to the festive period.