If in doubt, contact the Inland Revenue, accountant or Tax Advisor. Not all business expenses are allowable for tax purposes. Income derived by the business from sales, fees and so on. You need to adjust business losses to arrive at allowable losses for tax purposes. A government benefit paid to assist unemployed people in setting up their own business.
Payments are taxable.
Now more commonly known as Enterprise Allowance. Travel between places of work, or to a place of work to carry out duties there, but excluding private travel and ordinary commuting. All Rights Reserved.