Hi
I'm hoping someone could give me a little advice. My husband started doing IT contract work approximately 1year ago. He has registered for VAT, invoices the company monthly and makes his VAT returns. No probs there.
He is not trading as a ltd company.
My question concerns his tax payments due for Oct this year and the expenses he can offset against his income.
Can he offset some charges for ESB,phone, internet etc for room used as office in our home?
Car? - can he offset service charges, insurance, tax, petrol expenses etc?
In a nutshell, any help with what should be considered would be appreciated.
Thanks in anticipation.....