Understanding Duality: What Expenses You Can (and Can’t) Claim for Tax
Автор: Riverview Portfolio Ltd
Загружено: 2025-10-23
Просмотров: 120
Описание:
In this video, Mark Barrett breaks down the principle of duality and how it impacts the expenses you can claim as a business owner or individual taxpayer. From case law to real-life examples, Mark explains the rules around wholly, exclusively, and necessarily incurred expenses to ensure you stay compliant with HMRC regulations.
Learn about:
The classic barrister's gown case law example.
Why certain travel and broadband costs may not be claimable.
Examples of allowable expenses, like mobile phones and employee benefits.
📞 Have questions? Contact us today at Riverview Portfolio, Property Tax Advice, Expat Tax Advice, IR35 Tax Advice, or TATA. We're here to help!
💡 Want more insights? Explore our channel for detailed videos on allowable expenses, tax planning tips, and more. Don’t forget to subscribe!
#TaxAdvice #Duality #HMRC #BusinessExpenses #RiverviewPortfolio
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