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Claim items you鈥檇 normally use for less than 2 years as allowable expenses, for example:

• stationery
• rent, rates, power and insurance costs

For equipment you keep to use in your business, for example computers or printers, claim:

• allowable expenses if you use cash basis accounting
• capital allowances if you use traditional accounting

You cannot claim for any non-business use of premises, phones or other office resources.

Stationery

You can claim expenses for costs such as:

• phone, mobile, fax and internet bills
• postage
• stationery
• printing
• printer ink and cartridges
• computer software your business uses for less than 2 years
• computer software if your business makes regular payments to renew the licence (even if you use it for more than 2 years)

Claim other software for your business as capital allowances, unless you use cash basis.

If you鈥檙e not sure whether a business cost is an allowable expense contact HM Revenue and Customs (HMRC).

Rents, rates, power and insurance costs

You can claim expenses for costs such as:

• rent for business premises
• business and water rates
• utility bills
• property insurance
• security
• using your home as an office (only the part that鈥檚 used for business)

If you鈥檙e not sure whether a business cost is an allowable expense contact HMRC.

Business premises

If you build, buy or lease a structure you may be able to claim structures and buildings allowance.

You can claim expenses for repairs and maintenance of business premises and equipment.

For alterations to install or replace equipment, claim:

• allowable expenses if you use cash basis accounting
• capital allowances if you use traditional accounting

If you use traditional accounting you can claim capital allowances for some integral parts of a building, for example water heating systems.

If you鈥檙e not sure whether a business cost is an allowable expense contact HMRC.