💳 It’s a question I get asked time and time again, as a self-employed business, that is a sole trader or partnership that is not incorporated what self-employed expenses can you legitimately claim through your business that gives you income tax and national insurance relief?

⏱️ Time Stamps:
0:00 - Intro
0:49 - What is meant by tax deductible or allowable expenses?
1:35 - How much are tax allowable expenses worth to you and your business?
3:52 - Wholly & Exclusively principle
5:17 - HMRC simplified expense checker
6:55 - How to claim these expenses on your self-assessment tax return

🔍 Links connected this video:
🌏 Accounting & Tax Academy Free Membership Site → https://aidhanfinancial.com/accountin...

🌏 HMRC Self-Assessment Simplified Expenses → https://www.gov.uk/simpler-income-tax...

🌏 Self-Employed Expenses Guide (Free Handy Guide) → https://aidhanfinancial.com/self-empl...

If you want my & my team's expert accounting and tax help, you can book a discovery call through our website → 🌏 https://aidhanfinancial.com/book-a-di...

★☆★ Our ONLINE Courses ★☆★

🎓 Self-Assessments - The Basics + Buy To Let Property Income
(so if you are employed and rent out a residential property or few, then this is must watch)
🌏 https://accountingtaxacademy.com/cour...

🎓 Self-Assessments - The Basics + Side Hustle
(so if you are employed and run a side hustle business, this is ideal for you)
🌏 https://accountingtaxacademy.com/cour...


★☆★ A BIT ABOUT ME (Tony D) ★☆★
I am 47 year old (thank you to those of you who suggested I look waaaaay younger than this 😁) qualified accountant of 23 years. I was born and raised in London (UK) all my life, a City I truly love.
I am married with 2 beautiful children ❤️
I've held numerous positions, across various industries throughout my career in finance functions and I have also banked the experience of creating and running my own business(es) for 9 years, both of which I exited recently.
My passion is now to educate, inspire and empower YOU by imparting, sharing and coaching you through my knowledge, skills, experience and most importantly wisdom.

★☆★ CONNECT on LINKEDIN ★☆★
  / tony-dhanjal-b0b7b319  

★☆★ MY MISSION ★☆★
Me & my team are dedicated to helping and empowering YOU to 'Know Your Numbers' so you can make calculated and informed decisions in your business, company and personal finances towards your definition of success.

★☆★ MY PHILOSOPHY ★☆★
If you take care of your numbers (finances), your numbers will take care of you, your family and those you value the most.

🔴 DISCLAIMER
My videos are for general guidance, education and empowerment in helping you understand accounting, tax and your numbers. They in no way constitute specific advice to your specific circumstances. Me & my team would be delighted to help you with your specific queries or accounting requirements through a formal engagement.

#self-employed expenses #self-employed