Fixed rate allowances for trades

Poodle

Hi

Does anyone know where I source this information from?

Poodle

T.C.

I don't understand - fixed rate allowances for what?

Poodle

Hi TC

They might be known as FLAT rate deductions

Apparently there is a table, some where of HMR&C allowable flat/fixed rate deductions for tax. I think that they may also be industry specific.

For example a motor mechanic employed and suffering own costs eg using own tools could make an allowance claim of say £100 per annum without supporting evidence.

There are allowances for cleaning as well

Poodle

T.C.

I don't know, but I would be interested if you find out!

TAB

Hi Poodle,

I think what you are looking for can be found at

www.hmrc.gov.uk/manuals/eimanual/EIM32712.htm

T.C.

Thanks - very useful info to have!

Poodle

Thankx TAB, much appreciated

Poodle