Tax and accounting requirements a source of confusion. Trafalgar knowledge base articles aim to help explain the most frequently questioned topics and give you a better understanding of the value we give your business.
 

Knowledge Base

Limited company expenses that are not tax deductible

05 February, 2009

Expense Items that cannot be deducted for tax purposes

Expense items that cannot be claimed include the following:

  • Office Clothing sucha s business suits (except safety clothing)
  • Spectacles
  • Car service and repairs
  • Training Courses not related to your employment - e.g. plumber claiming skiing instruction
  • Private club subscriptions - e.g. Golf Club membership
  • Items mainly for personal use - e.g. televisions, cameras, Hi Fi, Sat Nav

Please remember business expenses should only relate directly to your business. Personal expenses that do not wholly relate to the business of your company should not be claimed.

For a compregensive article on expenses that can be claimed, see Limited Company Business Expenses

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