In a business determining which expenses are allowable is important, as these items are included in the taxation calculation each year.
Key jargon: Tax deductible. Tax deductible items are allowable in calculating the profit of a business for taxation purposes (where profit equals income less expenses).
Deductibility: General Rule. Generally, expenses that relate to earning income in a business are tax deductible. Private items are usually non-deductible.
Whether you’ve already started working on your business idea, or are just considering self-employment, come along to our business workshop and meet like-minded people.
This practical workshop will take you through the pros and cons of self-employment. Working both as a group and individually, you will gain an awareness of what starting up a business means; to you, your family, and your finances.
Read moreWhether you’ve already started working on your business idea, or are just considering self-employment, come along to our business workshop and meet like-minded people.
This practical workshop will take you through the pros and cons of self-employment. Working both as a group and individually, you will gain an awareness of what starting up a business means; to you, your family, and your finances.
Read moreWhether you’ve already started working on your business idea, or are just considering self-employment, come along to our business workshop and meet like-minded people.
This practical workshop will take you through the pros and cons of self-employment. Working both as a group and individually, you will gain an awareness of what starting up a business means; to you, your family, and your finances.
Read moreWhether you’ve already started working on your business idea, or are just considering self-employment, come along to our business workshop and meet like-minded people.
This practical workshop will take you through the pros and cons of self-employment. Working both as a group and individually, you will gain an awareness of what starting up a business means; to you, your family, and your finances.
Read moreThe Royal Navy and Royal Marines Charity (RNRMC) has partnered with Forces Law, a network of civilian lawyers, for a year-long initiative that offers affordable Will creation in exchange for charitable donations.
Launching on Armed Forces Day 2018, the ‘Make a Will’ project will see a select number of Forces Law members waive their fees on standard Wills. In exchange, those who require the creation of a Will are instead encouraged to make a charitable donation to the RNRMC.
Read moreEight Ayrshire veterans made the pilgrimage across the country recently for a special visit and tour of Lady Haig’s Poppy Factory, in Edinburgh, where a team of injured ex-Servicemen and Servicewomen hand-produce more than five million poppies every year for the charity’s annual Poppy Appeal.
The trip was arranged by staff at Poppyscotland’s new Ayrshire Welfare Centre, based in Kilmarnock. At a weekly drop-in session at the centre, veterans found out that the iconic Poppy Factory is going to be refurbished after this year’s Poppy Appeal, and they expressed a desire to visit before the work began.
Read moreThe Union Jack Club has been a long time member of Cobseo and would like to offer all Cobseo members a special offer.
For the rest of 2018 the Union Jack Club is offering half-price meeting rooms on a Monday for 10+ delegates if they stay Sunday evening.
Accommodation prices start from £94 with dinner on Sunday and breakfast Monday.
Read moreBroadcasting teams from the Forces Network will bring you coverage of Armed Forces Day on TV, radio and online on Saturday 30th June.
You can watch the National Event live from Llandudno on www.forces.net and take part in our live blog too as we cover events around the country.
Forces TV will be ‘Live from Llandudno’ with presenter Claire Sadler from 1100 to 1230hrs, with highlights at 1730hrs and on Forces News bulletin programmes.
Read moreFormer Wren, the amazing Liz Brown retired last year and decided 2018 would be her challenge year. Her first event was to attempt her longest ever cycle ride in aid of the Women’s Royal Naval Service Benevolent Trust. At 0430 on the Longest Day she set off to cycle 150 miles around the New Forest. Supporters cheered her on from various watering holes and by 1730 she returned (looking remarkably fresh) to Milford on Sea for the finish, with 154 miles successfully under her belt.
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Afghanistan support
In light of recent events in Afghanistan, please find information and support resources here
