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Self Employed - Business expenses
Keth
Posts: 5 Forumite
in Cutting tax
Can you still claim business expenses if you are under the VAT threshold?
0
Comments
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Yes! You claim them with the VAT included!Hideous Muddles from Right Charlies0
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Im working under a umbrella company who do all my tax and wages for me however im confused about my expenses? i claim milage allowance and other expenses every week and i dont seem to be getting any money back? how does it work,this is important as i have to work out my daily rate for work i can calculate how much after tax but if its taken off my tax how much do they give me back?? heeeelp0
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edit: see new threadIm working under a umbrella company who do all my tax and wages for me however im confused about my expenses? i claim milage allowance and other expenses every week and i dont seem to be getting any money back? how does it work,this is important as i have to work out my daily rate for work i can calculate how much after tax but if its taken off my tax how much do they give me back?? heeeelp:footie:
Regular savers earn 6% interest (HSBC, First Direct, M&S) Loans cost 2.9% per year (Nationwide) = FREE money. 0
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