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
Limited Company accounting fees for only £118 per month. We do your paperwork, you focus on running your business. Find out more, or contact us today.
