Find out about tax reliefs and allowances available from HMRC if you run a business, employ people or are self-employed.
If you run your own business it’s important that you know what tax reliefs and other financial allowances are available from HMRC.
HMRC has a webpage which offers a summary of things you might want to explore to help you legitimately keep more of what you earn.
This includes:
If you are self-employed or run a business
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Tax-deductible business expenses
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Research and Development tax credits
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Gift Aid
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Business rates relief
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Corporation Tax relief
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Pre-trading expenses
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Reclaiming VAT
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Budgeting to pay your tax bill
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The Patent Box scheme
If you employ others
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Employment Allowance
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Hiring an apprentice
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Hiring a veteran
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Allowable tax expenses
For further information please visit the HMRC Webpage.
