3min chapter

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Ep 138: Self-assessment masterclass

Medics Money podcast

CHAPTER

What Expenses Can You Offset Against Your Taxes?

The key three words when looking at expenses is wholly exclusively and necessarily. That expense with regards to your business, whether it's your employment or self-employed work, should be an allowable expense. As long as it's not an ongoing condition,. It is for him. Anamari: "I always like to finish with a nice, easy, simple, straightforward question" 'What expenses can you offset against your taxable income? An easy question, I think you'll agree,'" he says.

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