A:Essentially anything deemed as a business cost is tax deductible. Examples of this include:
premises rental
car travel expenses – simply reclaim the VAT related to your business usage, (if your car is also used for personal use)
IT equipment, Business calls and Internet access
any running costs such as the price if your stock
business trips- If you have an overnight stay, reasonable expenditure, including lunches are allowed
property running costs- if you use part of your home solely for business purposes.