Bit new to freelance life and expenses but I'm a feature writer, can I claim for ordinary consumer magazines and newspapers? (I'm talking the likes of Good Housekeeping, not Construction Weekly) I could argue that I wouldn't otherwise buy some of them, but obviously their intended purpose would be enjoyment. Sodding things cost a fortune so would be very pleased if I could at least claim some of them!
As a sole trader and self employed anything you buy for your business is considered an allowable expense. This includes things like:
Cost of goods bought for resale (stock) Cost of equipment you need buy Advertising Delivery charges Heating and lighting in your business premises Rent of your business premises Postage Stationery Relevant books and magazines Bank charges Telephone use Travel Bank charges on business accounts
What can't I claim? Parking fines, speeding tickets and anything that isnt related to running your business.
Yep, allowable expenses. If there are ones you buy regularly though Id think about subscriptions - you usually get a discount and it's easier to keep track of half a dozen subscriptions than it is a hundred mags.
My first job was selling advertising for Builders Weekly.