ChatterBank1 min ago
Is It Only For London?
11 Answers
Or can the self employed reclaim charges for other cities who scam drivers with their ropey schemes?
https:/ /www.bb c.co.uk /news/u k-engla nd-lond on-6664 5379
https:/
Answers
Best Answer
No best answer has yet been selected by douglas9401. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.Any business expense which is ""exclusively for the purposes of the trade" can be use to reduce a self-employed person's tax bill. (As he/she won't pay tax on the money used to fund that expense, it effectively means that they get 20% back if they're a Standard Rate tax payer). Nothing has changed; HMRC has simply reiterated the rule that has existed for decades anyway.