Claiming your eligible business expenses is one way to reduce your small business tax bill. We explain what costs you can claim as a business owner.
It's hard to believe but the end of the financial year is just days away. To ensure we get the best result for your business, now is the perfect time to review two key areas:
Asset Register: Have you sold or scrapped any equipment lately? Let us know so we can update your depreciation schedule.
Bad Debts: Take a look at your aged receivables. If there are invoices you know won't be paid, they must be physically written off in your system before 31 March to claim a deduction. Getting these bits sorted now makes for a much smoother tax season later. If you have any questions about how to handle these in your software, feel free to contact your Manager. We will be offering Free 20 minute One on One sessions with your manager in April, more information will be provided in the coming weeks. out your financial health.
We will be hosting Smartly payroll on Wednesday 25th March 4pm where they will run through the upcoming changes taking effect from1 April and answer any payroll questions you may have. Early registration available by emailing This email address is being protected from spambots. You need JavaScript enabled to view it., further information to follow.
Our weekly newsletter has an update on the following
• How to claim expenses as a small business
• Getting ready for 31 March
• Payroll changes coming into effect 1 April 2026
