Some examples of allowable expenses

This is not a comprehensive list of expenditure however it includes the most common expenses that can be reclaimed.

• Accountancy fees
• Business entertainment (to a limited extent)
• Business traveling expenses (note the two year rule)
• Christmas Party allowance - limited to a maximum of £150 per employee
• Company bank charges and interest
• Computer software
• Contributions to an approved pension plan
• Either a mileage allowance or the costs of running a car (if car owned by the Company, a benefit in kind charge arises)
• Employers NI Contributions
• Equipment purchased for business purposes
• Mobile telephone and business calls
• Postage for business purposes
• Salaries paid by the Company to the director and employees
• Stationery for business purposes
• Professional Subscriptions - Technical books and journals
• Landline telephone costs for business purposes
• Insurance including PII
• Use of home office