As a limited company contractor, costs that are incurred wholly and exclusively for your business can be claimed as business expenses, which means that you will receive tax relief on these costs. Claiming business expenses correctly could reduce your tax bill so it is worth taking the time to understand what you can and cannot claim. Our expenses guide for contractors details how expenses can affect your tax bill, examples of what is and is not classed as an expense and the process involved in making a claim.
What can I claim expenses for?
For more information on whether you are able to claim individual costs as an expense you may find our individual expense pages useful: