Some common expenses are:

Company formation

Accountancy fees

Business travel and accommodation

Postage for business

Stationery for business

Business telephone calls

Mobile telephone and calls


Employer’s NI contributions

Contributions to an executive pension plan

Business entertainment

Equipment purchased for business purposes

Motoring expenses using fixed rate allowances

Computer software

Technical books and journals

Certain professional subscriptions

Use of home as office

Company bank charges and interest

If you want to look at the expenses for which you must keep receipts, please check here.

If you’d like to read more about expenses please see the article on expenses. If you’d like to explore what state benefits you might be entitled to, click here.