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 moreX-Forces Enterprise (XFE), together with Greenwich Hospital, A Crown Royal Navy Charity, met with the 2017 cohort from the Naval Families Enterprise Project in Portsmouth on Thursday 12 April 2018.
The event, which was held in the stunning surroundings of the Portsmouth Room at the Portsmouth Guildhall, was sponsored by Kilfrost Ltd and hosted by Solent LEP. It was a reunion for the sixteen members of the 2017 cohort and celebrated their success. It was also the launch-pad for the second programme which will start in September 2018.
Read moreLondon, April 13, 2018: X-Forces Enterprises (XFE), together with Greenwich Hospital, A Crown Royal Navy Charity, met with the 2017 cohort from the Naval Families Enterprise Project in Portsmouth on Thursday 12 April 2018.
The event, which was held in the stunning surroundings of the Portsmouth Room at the Portsmouth Guildhall, was sponsored by Kilfrost Ltd and hosted by Solent LEP. It was a reunion for the sixteen members of the 2017 cohort and celebrated their success. It was also the launch-pad for the second programme which will start in September 2018.
Read moreThis week we are thrilled to congratulate all of our innovative finalists for the three Business Award categories in partnership with X-Forces Enterprise. The Business categories for this years awards are Business of the Year Start-Up, sponsored by Cisco; Business of the Year Scale-Up, sponsored by Sage; and Business of the Year Community Impact, sponsored by Landmarc.
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.
By the end of this one-day workshop you will have a better idea of what starting a business entails, and have a clear understanding of what support is on offer, so you can plan your next steps.
Read more90 minute business start-up support from X-Forces Enterprise Experts
Our Business Surgeries are here to give you one-to-one support whether you have a few pressing questions, or want to really understand what running a business could mean for you.
X-Forces, an award-winning business support organisation, is the leading organisation for enterprise in the Armed Forces community.
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Afghanistan support
In light of recent events in Afghanistan, please find information and support resources here
