What self-employed expenses can I include in my tax return?
Are you self-employed and not sure what costs you can include on your Self Assessment tax return? This video explains which expenses are allowable, including:
• travel
• office equipment
• staff costs and more
You'll also find out what simplified expenses are, what you need to do if your turnover is above the VAT threshold and what records to keep. You can find out more about self-employed expenses on GOV.UK and in our other videos on YouTube.
0:00 Introduction
0:11 Allowable expenses
0:38 Personal expenses
0:53 Simplified expenses
1:13 Income £90,000 or more
1:38 Income less than £90,000
2:01 Further help & support
Visit GOV.UK
https://www.gov.uk/expenses-if-youre-...
Current Playlist
• Self-employment tax return
HMRC is the UK’s tax, payments and customs authority. We collect the money that pays for the UK’s public services and help families and individuals with targeted financial support.
You can use social media for help with general queries relating to any of HMRC’s products and services:
X: https://www.x.com/hmrc
Facebook: / hmrc