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Allowances, expenses and reliefs when you run a business

Find out what you may be able to claim to reduce a tax bill if you are self-employed or run a limited company, charity, or community amateur sports club.

If you run a business, you may be able to reduce your tax bill by claiming:  

  • allowances and reliefs — government tax policies 

  • expenses — the costs of running your business 

What you can claim will depend on  the type of business you run  and the taxes you pay.

Sole trader

If you are a  sole trader, you may be able to claim the following allowances, expenses and reliefs to reduce the amount of Income Tax, VAT or National Insurance contributions you pay.

Limited company

limited company may be able to claim the following allowances, expenses and reliefs to reduce the amount of Corporation Tax, VAT or National Insurance contributions the company pays.

Partnership

Allowances, expenses and reliefs you may be able to claim if you are in a partnership.

Charity

Allowances and reliefs available for a registered charity.

Community amateur sports club (CASC)

Allowances and reliefs available to community amateur sports clubs registered with HMRC.

Updates to this page

Published 17 December 2024