Are you unsure which business expenses you can claim and which costs are not allowable? Understanding the rules around business expenses is a key part of managing your finances and ensuring your business remains compliant.
This informative workshop will provide an overview of allowable business expenses for self-employed individuals and small business owners. You'll learn what can and cannot be claimed, how to keep accurate records, and the importance of separating personal and business costs.
During the session, we'll cover:
- What qualifies as a business expense
- Common allowable expenses, including travel, equipment, office costs, marketing and professional services
- Expenses that cannot be claimed
- Record-keeping requirements and best practice
- Using expenses to reduce your taxable profit
- Common mistakes and how to avoid them
By the end of this workshop, you'll have a clearer understanding of business expenses and the confidence to manage your records effectively, helping you make informed financial decisions for your business.
Who should attend? Start-up businesses, sole traders, and small business owners who want to improve their understanding of business finances and ensure they are claiming expenses correctly.