Questions And Answers
Read our expert answers to your questions
Can I claim legal fees chasing payments as a tax deduction?
I am considering taking legal action to recover a debt from a customer who has a history of not paying me. Therefore, can my solicitor’s fees and other legal costs be regarded as a legitimate business expenses for tax purposes and are there different procedures depending on the size of the debt?
1 min readLast updated 25 May 2021 | First published 30 Oct 2019
Choosing to be a limited company or sole trader as a contractor
1 min readFirst published 23 Apr 2021
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Do I need to complete a self-assessment tax return?
1 min read
Last updated 5 Jan 2021
First published 7 Jan 2020
Are professional fees and subscriptions allowable for tax?
1 min read
Last updated 5 Jan 2021
First published 7 Jan 2020
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Are Christmas gifts from customers allowed?
1 min read
Last updated 26 Nov 2020
First published 30 Oct 2019
Redundancy Pay for a Company Director
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Last updated 26 Oct 2020
First published 5 Dec 2012
How to report rental property to HMRC if you live outside the UK
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Last updated 6 Oct 2020
First published 6 Oct 2020
My new employee has a student loan, what do I have to do?
2 min read
Last updated 7 Sep 2020
First published 29 Aug 2019
Do I have to declare income from car boot sales?
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Last updated 7 Sep 2020
First published 30 Oct 2019