It might seem fairly obvious that you can claim any expenses associated with the business, but it is not always quite that straightforward, and you might be missing some. The Revenue rules are that the expense must be
wholly and exclusively
for the purpose of the trade. read more
The Chancellor Alistair Darling has just delivered his last pre budget report before the election. His forecasts from the Budget still stand, the deficit will increase by a small amount to £178bn from forecast and he is still forecasting growth of 1.5% for next year and 3.5% for the following 2 years. He wants to reduce the deficit by 50% in 5 years, but how will all of this affect you?
For businesses