Frequently Asked Questions

  1. What business expenses are allowable?
  2. Can I deduct an expense serving both a business and a private purpose?
  3. Can I deduct the cost of my motor vehicle when I also use it for private purposes?
  4. What adjustment is needed for tax if I take goods from stock for my own use?
  5. Can I deduct the salary I pay my spouse?
  6. Can I deduct the cost of a business trip?
  7. Can I deduct part of my property running costs if I use my home as an office?
  8. How can I pay less tax?
  9. How can I reduce my capital gains tax liability on my investment property?
  10. How can I avoid the potential cost of fighting the Inland Revenue whilst under investigation?