Course Details

Figuring out what expenses are - and are not - deductible for tax purposes can be tricky, and mistakes costly.   In this session, we’ll recap the main rules on deductions for small businesses and highlight the latest changes.   Attending this session will refresh your knowledge of the business expense rules, and help you identify opportunities for your clients and avoid potential pitfalls. 


In this webinar, Helen Thornley & Emma Rawson will cover the following topics;

  • A recap of common non-deductible expenses
  • Capital vs revenue – why is it important and what does it mean? 
  • Training costs for the self-employed – HMRC’s latest guidance updates
  • Deductions for working from home
  • Motoring costs – what deductions can we get?


By attending this webinar, you will learn about the rules on deductibility of common expenses incurred by small businesses. This will enable you to better identify what tax deductions are available for your clients.


This webinar will be of most interest to Sole Traders, simple partnerships and those advising them.


Course level: Foundation / Entry level

CPD Course Speaker

ATT

Helen Thornley

Helen is a technical officer with the Association of Taxation Technicians (ATT) where her role includes looking at the latest changes in tax policy and working with HMRC on developments and improvements to their systems and processes.

Helen’s background is in personal tax, and prior to joining the ATT she worked in the north of England advising family businesses and high net worth individuals. Helen writes for publications including Tax Adviser, AccountingWEB, Accountancy Age and Taxation magazine.

She has appeared on BBC Radio 4's Money Box Live and BBC Radio 5 Live's Wake up to Money in addition to many local radio stations and been quoted in the Financial Times, Times, Telegraph and Guardian. Helen is also a member of the CIOT, ICAEW and STEP (Society of Trust and Estate Practitioners).

Association of Taxation Technicians (ATT)

Emma Rawson

Emma Rawson is Director of Public Policy at the Association of Taxation Technicians (ATT), leading their tax technical and professional standards work. Her focus is on emerging tax policy, and she works closely with HMRC and the Treasury. She also strongly believes in sharing her knowledge about and love of tax with others. Whether that’s members of the accounting and tax profession through articles and talks, or the general public through media work and school visits.

Emma has a main focus on business and employment taxes, and frequently contributes articles on topical tax issues to leading tax and accountancy publications. She has presented talks and webinars around the country, as well as appearing on BBC Radio 5Live and BBC News to discuss tax issues and providing oral evidence to committees of both the House of Lords and House of Commons.

Emma is a member of the Association of Taxation Technicians (ATT) and Chartered Institute of Taxation (CIOT), and a Fellow of the Institute of Chartered Accountants of England and Wales (ICAEW).