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In many ways the 31st January tax deadline is a cruel thing. You’ve been busy with Christmas, festive fun and family time. You’ve spent more than you care to admit on food, drink and gifts. You’ve started the New Year off feeling hopeful and with a renewed drive for your business…but wait, before you get stuck into planning for the year ahead you need to sort out your Tax Return!
Every year you promise yourself you’ll be more organised, but each year that January deadline looms and once again you’re scrambling for receipts and trying to figure out what you can expense.
In the mad rush to get this dreaded task put to bed you may overlook some useful expenses that could save you money on your tax owed.
Here are Buckley’s top 5 tax expenses people often forget:
What you are entitle to expense may depend if you’re a business owner or self-employed, if in doubt speak to your accountant to make sure you are not forgetting any allowable expenses which could save you money.
For further information, please contact us.
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