What expenses can you claim when you’re self-employed?

Authored by Hiscox Experts.
1 min read
Man Checking Tax Receipts at Laptop
When you’re your own boss, it can be tricky to know what to claim back on your tax. This infographic answers some common tax questions.

When you’re your own boss, it can be tricky to know what to claim back on your tax. While HMRC’s rules state you can claim an expense that’s solely and exclusively for your business, there are still items that can be confusing.

Does that new iPad count as a business expense? How about lunch? Can you incur expenses working from home? And what if you need a new outfit for a business meeting?

Our friends at Easy Accountancy (external link), part of the SJD Group, have put together the following infographic that provides a handy guide to what expenses you typically can and not claim, whether you’re running your own business, a sole trader or a freelancer. 



For more information visit www.hiscox.co.uk/SJD.

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Hiscox Experts

The Hiscox Experts are leaders valued for their experience within the insurance industry. Their specialisms include areas such as professional indemnity and public liability, across industries including media, technology, and broader professional services. All content authored by the Hiscox Experts is in line with our editorial guidelines.