Top Ten Claimable Expenses for Limited Companies Let’s start with a thought experiment. I’ll set the scene. You’re a limited company owner, and you, as the director, are the sole employee. You also - understandably – love learning about tax. You open up the Monday morning paper to...
Not only can losses and deductions be claimed against marginal income tax, but also against self-employment taxes for which there are few other deductions of any kind. Because of the substantial tax savings, many people try to claim the expenses of a hobby as business expenses. To prevent ...
Can I claim for the expenses I incurred such as internet, electricity, telephone etc.? Yes, you can claim these expenses for this time period. You can also claim for your water and lights, interest on your bond (if you own the house) or the rental expense if you were letting ...
712.If you fail to deliver the goods according to the agreed time,you should indemnify us for all losses and corresponding expenses.713.If there is still no information from you about the expedition of shipment by the end of this month,we’ll be forced to cancel the contract and reserve ...