# @lemondrop_social on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/B7A0pQYF3ch
- **Gondola URL:** https://gondola.cc/posts/11918289-lemondrop-social-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/thumbnails/867322a8a7.jpg
- **Posted:** 2020-01-07T09:08:31.000+00:00
- **Account Owner:** Social Media Marketer (@lemondrop_social) — https://gondola.cc/lemondrop_social

## Caption

How’s your tax knowledge? I’m useless so I get someone to do it for me (these guys in fact). When I started out freelancing I think this was the first question I asked😆 ▪️▪️▪️▪️
Repost from @kcaaccountants using @RepostRegramApp - Wondering which self-employed expenses are classed as allowable expenses?  Briefly, these are some of the costs that usually count as being deductibles:-⁠
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Office expenses⁠
Travel⁠
Business premises⁠
Stock & Materials⁠
Legal and Financial costs⁠
Marketing⁠
Business insurance⁠
Clothing⁠
Staff costs⁠
Subscriptions⁠
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When you complete your tax return, you may get the option to give a single figure for your allowable expenses or to give a detailed breakdown. If you choose to enter a single figure, you still need to work out all your expenses accurately, and keep a record of your workings in case HMRC queries your figures.⁠
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Now if all that sounds a bit taxing (pun intended) or if you’d like to know a more detailed breakdown on what sort of items can be included within the above categories, then give us a call.⁠
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#allowableexpenses #deductibles #ukaccountants⁠
#businessaccounting⁠
#businessadviceuk⁠
#accountsexperts⁠
#uktax⁠
#taxadvice⁠
#businesssupport #smallbusinessadvice #selfemployment⁠
#accounting⁠
#accountinglife⁠
#accountingservices⁠
#accountingtips⁠
#accountingandfinance⁠
#freelancingtips ⁠ #socialmediamanager #socialmediamanagement ⁠
📸publicdomainpictures @pixabay⁠
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## Stats

- **Views:** 0
- **Likes:** 14
- **Shares:** 0
- **Comments:** 1

## Credits

| Name | Username | Profile | Role |
| --- | --- | --- | --- |
| Social Media Marketer | @lemondrop_social | https://gondola.cc/lemondrop_social | Social Media Specialist |

## Tags

accountinglife, businessadviceuk, smallbusinessadvice, uktax, accountingtips, businesssupport, businessaccounting, socialmediamanager, accountingandfinance, ukaccountants, accounting, taxadvice, allowableexpenses, selfemployment, accountsexperts, freelancingtips, deductibles, accountingservices, socialmediamanagement

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