Man, do we get asked a lot about expenses. Every day, literally, someone asks if they can claim one thing or another. We could write a book the length of a Tolstoy classic about expenses, and maybe one day we will. For the time being, you need to ask yourself a simple question to determine, under normal circumstances, whether the expense is allowable.
If you can answer yes, then in all likelihood, it will be an allowable expense, if you can’t then it probably won’t be. Although, as with most tax matters, there are some exceptions, taking this approach will stand you in good stead.
So, no, you can’t claim for:
However, you can claim for:
Please refer to our Expenses Guide for more detailed information.