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7 Weird UK Tax Write-Offs That HMRC Don’t Want You to Know!

Michelle Eames - Helpbox UK

64,775 views

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TIMESTAMPS

0:00 - Intro
0:27 - Livestock as Lawnmowers
2:29- Research Meals at Competitors
4:17 - When Appearance Becomes a Business Cost
6:52 - When Animals Become Business Expenses
10:41- Pirate Costumes
11:35 - Fake Blood
12:12- Buying Thousands of Sex Toys
15:58 - Final Thoughts

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Helpbox UK, Fareham, England

⚠️ Disclaimer:
All opinions are my own. Information is correct at time of filming. This video does not constitute personalised financial advice.

20 Comments

@helpboxuk Creator 1 month ago Pinned

Run a small business and need some help with tax and accounts?

Book a Free Quote → https://bit.ly/4g2dcR5

@MrTpain1945 1 month ago

And the sheep are more environmentally friendly 😂😂😂

@brianlopez8855 1 month ago

I'm always reviewing portion sizes at HMRC's generosity

@joeclifford4953 1 month ago

Really interesting content

@asv2 1 month ago

So I guess if No.10 Downing Street is a business, it is safe to say the cost of Larry the Cat can be claimed as business expenses even though the No.10 is obviously isn't a barn :face-green-smiling::face-green-smiling:

@paguliukas 1 month ago

Do it for self employed

@Filibert-the-fox 1 month ago

I run a pest control company and my dog is trained to sniff out rats and to dispatch them, got some videos to prove he’s a working dog and only ltd company in my area who used a dog

@AlexProudfoot1 1 month ago (edited)

9:52, "Would you still be buying this if you didn't own the business? If the answer's yes, then there's a much stronger chance that you're looking at a genuine business expense." This doesn't make sense to me. For me, if the answer is no, then it's more likely it's a genuine business expense.
10:00 However the next part where you say, "...and you'd still be paying for it anyway, it's much more likely to be personal", makes perfect sense.
Nonetheless, Michelle, I enjoy what you share. Thank you.

@philwheeler1069 1 month ago

Court clerks & other associated personnel have to wear black gowns as part of their compulsory apparel. Many years ago this was deemed unallowable by HMRC as the gowns "afforded warmth & decency" Is this still the case?

@pinkfabulous248 1 month ago

Clicked so fast 😂😂

@laraweasil 1 month ago

Be careful with insurance if you have a working dog. Standard insurances won’t cover you if the dog has a job,
Or as I have seen in one YouTubers video, if the insurance company perceives they do!

@Mikaela-UK 1 month ago

Thank you for the info. I discovered your channel recently and was wondering if you could make a video about people that do trading on the financial markets, like futures trading, stocks and shares trading, traders who use prop firms. What should those people do, stay sole traders or ltd? What expenses can they have? Thank you

@joanjava1 1 month ago

As a business owner in creatives can I claim my dog as my muse?

@Neil-bp5rq 3 weeks ago

What about items that could be classed as personal or business use, but you have purchased two items, one for personal use and one for business, or have multiple of the same items, acquired over the years some used only for work and some for home use, eg two full toolboxes?

@celiahall6168 1 month ago

On my next Airbnb I want to offer experiences, take guests on tours to cities and take them on accompanied rides. Can I offset horse feed and yard rent costs?

@liam2161 1 month ago (edited)

How about suit hire for a business event? I have no interest in buying a dinner tux, can't stand them. I hired and expensed the hire. Purchasing I can understand, so went with a hire instead.