Definitive list for expenses on tax return
Thanks Thanks:  0
Likes Likes:  1
Dislikes Dislikes:  0
Results 1 to 4 of 4
  1. #1
    Join Date
    Jan 2013
    Posts
    2
    Registered Childminder since
    Mar 10
    Post Thanks / Like

    Default Definitive list for expenses on tax return

    Very sorry if this is a subject that is spoken about often, but I am new to the forum. I am doing my first childminding tax return and am trying to ensure that I remember to account for everything, but have heard talk of people claiming for things like cleaner bills and car valeting and am wondering about the validity of doing this and, if so, want to make sure I include these costs. I am basically trying to find somewhere the 'holy grail' of childminder expenses and wondering if there is a good list/document anywhere that I can use. Thanks in advance for any help

  2. #2
    Join Date
    Dec 2006
    Location
    Cheshire
    Posts
    37,504
    Registered Childminder since
    1994
    Latest Inspection Grade
    Outstanding
    Post Thanks / Like
    Blog Entries
    21

    Default

    There isn't a 'definitive' list because we all work differently but you might find these 2 documents helpful -

    tax information IR

    expenses and tax - by Sarah


  3. Likes bunyip liked this post
  4. #3
    Join Date
    Jan 2011
    Location
    Kingston upon Thames
    Posts
    951
    Non childminder member
    Accountant
    Post Thanks / Like

    Default

    I'm not a big fan of lists of what you can claim because the fact is you can claim almost anything that you have spent entirely for a business purpose! The list of what you can't claim is much shorter:

    • Entertaining
    • Capital expenditure i.e. things that you will still be using in 12 months time (but you can claim most things like this under Annual Investment Allowance - but not buildings)
    • Anything related to motoring if you are claiming mileage (but you can claim for interior cleaning after excessive soiling e.g. vomit)
    • Anything related to your home except things covered by the up to 33%/10% concession unless you are claiming using the non-childminder rules (see many discussions about mortgage interest which you CAN claim in certain circumstances)
    • Carpet/lino (or laminate/wood flooring for a different reason), curtains, general purpose furniture (e.g. kitchen table) etc. as this is covered by the 10% wear and tear allowance


    ... but lists can be useful as a prompt, and the list in Sarah's guide is very good for that - although there are a couple of quirks (for instance clothing with a logo you can claim).

  5. #4
    Join Date
    Jan 2013
    Posts
    2
    Registered Childminder since
    Mar 10
    Post Thanks / Like

    Default

    Thanks very much for your help.

 

 

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Quick Links and Advertisements

Important Information Links
Some Useful Quick Links
Advertisements

 

You can also find us on:
Definitive list for expenses on tax return Definitive list for expenses on tax return Definitive list for expenses on tax return

We use cookies to make this site as useful as possible. They are small text files placed in your browser to track usage of our site but they don’t tell us who you are.
By continuing to use this site you are consenting to cookies being placed on your computer. Find out more here: Cookies in Use

Childminding Help and the Childminding Forum are part of Childcare.co.uk