Allowable Expenses, what are they?
Allowable expenses (sometimes referred to as revenue or trading expenses) are anything which has been purchased “wholly and exclusively” for...
Expenses
Expenses are usually outgoings - items such as stationery, mileage and accommodation
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Venue Rent
Venue Rent can appear confusing as some colleagues may think that there is a separate amount paid between the consultant and... -
Office, Property and Equipment
Items which you use in the office and will last usually less than 2 years are allowable, such as: Stationery... -
Marketing, Advertising and Subscriptions
As part of your Self Employment, it is likely you’ll incur some expense towards advertising or marketing. This page lists... -
Legal and Professional Charges
During your self employment, it is possible that you will need to consider legal and professional charges. This page looks... -
Stock (Goods for resale)
Any item which you purchase with the ultimate plan to sell on is classed as Stock. These can include: Note: Magazines and Biscuit bars... -
Clothing expenses
If you purchase something for the purpose of wearing it only for your group, you can claim the cost of the... -
Card Payment Machine charges (EFT)
Card Payment Machines provide a fast, safe and easy way to accept payments. However, many come with a variety of... -
Cars, Vans and Mileage
It’s very likely that you’ll be driving at some point, whether to team meetings, Slimming World Head Office or even... -
Hotel, Meals and Subsistence
Travel and Hotels It is likely that through the year, you may head somewhere for training or business purposes and...