Can I claim for this or can I claim for that? This question is asked so many times but every time it could be valid.
The biggest thing to consider is WEN.
Is the expense, purchase or cost “wholly exclusively & necessary” for the business trade you are in or carrying out?
Many items may not be considered as a legitimate expense but just ask yourself the question…...
Is it wholly exclusively & necessary for what I am doing ???
HMRC have manuals that devote a significant number of pages to the subject. See BIM37000–BIM38600 for the scope of HMRC’s reference on this subject. This guidance note discusses the broad principles, key cases and how to approach determining whether an expense is allowable.