Tax Tip Week 10 – Books and Technical Publications
For most Professional Contractors and Freelancers putting the costs of books and technical publications through your accounts can save you tax as these expenses can be deducted against the profits of your Limited Company.
But you will need to be certain that these costs are allowable under HM Revenue and Customs rules.
For full details of how to find out which expenses are tax deductible see our guidance on Books and Technical Publications