Tax Tip Week 19 – 60 Expenses you can claim through your company
For Professional Contractors and Freelancers operating a limited company
Expenses = less tax to pay!
For every £100 of expenses claimed against profit, a tax saving of £21 (2009/10) is being made by the company.
A little knowledge can go a long way in saving you £'s off your tax bill.
To see a list of all the expenses you may claim please refer to our guidance on 60 Expenses you can claim through your company.